Sec. 2. Any bonds, notes, or warrants, whether payable from property taxes, revenues, or any other source, issued by an entity enumerated in section 1(a) of this chapter may provide that the bonds, notes, or warrants may be payable before maturity from available funds and with such premiums as are set forth in the bonds, notes, or warrants. In addition, the bonds, notes, or warrants may provide that they may be registered as to principal or interest, or both, at the option of the holder, and upon such terms and conditions as are set forth in the bonds, notes, or warrants.
[Pre-Local Government Recodification Citation: 6-1.1-20-8.5.]
As added by Acts 1980, P.L.8, SEC.25.
Structure Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 14. Miscellaneous Provisions
5-1-14-1. Bonds, Notes, or Warrants Not Subject to Maximum Interest Rate Limitations
5-1-14-1.5. Obligations Defined
5-1-14-2. Provisions for Payment of Bonds, Notes, or Warrants Before Maturity Date
5-1-14-3. Maintenance of Federal Tax Exclusion From Gross Income for Interest on Bonds
5-1-14-4. Pledge Made by Issuer Binding; Lien
5-1-14-5. Bond Anticipation Notes; Issuance
5-1-14-7. Application of Section; Stadium; Lease Rental Tax
5-1-14-8. Money Withheld by Auditor as Not Creating Debt for Constitutional Purposes
5-1-14-9. Rights of Owners of Obligations Not to Be Impaired
5-1-14-10. Maximum Term or Repayment Period of Obligations; Continuation of Payments
5-1-14-11. Payment of Fees and Charges Authorized
5-1-14-12. Refunding Obligations
5-1-14-12.5. Purchase and Issuance of Obligations on Terms Reasonable to Issuer
5-1-14-13. Contesting Validity of Obligations
5-1-14-14. Loans, Expenditures, and Issuance of Bonds for Economic Development
5-1-14-15. Bonds and Obligations to Fund Pension Benefits