Sec. 3. Any issuing body shall have power and is hereby authorized to refinance, or to refinance and improve, any enterprise, and for such purpose or purposes to borrow money and issue refunding bonds from time to time.
[Pre-Local Government Recodification Citation: 19-8-7-3.]
As added by Acts 1980, P.L.8, SEC.10.
Structure Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 6. Revenue Bond Refinancing
5-1-6-3. Issuance of Refunding Bonds to Refinance and Improve Enterprise
5-1-6-4. Authorization by Ordinance or Resolution; Municipally Owned Public Utility; Any Enterprise
5-1-6-5. Terms and Covenants of Refunding Bonds; Negotiability
5-1-6-6. Validity of Authorization; Issuance and Obligations; Recitals in Bond
5-1-6-7. Sale and Exchange of Refunding Bonds
5-1-6-8. Lien on Revenues of Enterprise to Secure Bonds; Additional Security; Priority; Restrictions
5-1-6-9. Liability of Issuing Body
5-1-6-10. Exemption From Taxation; Exception
5-1-6-12. Duties of Issuing Body and Others to Secure Payment of Bonds and Interest