Sec. 5. The term "bond owner" or "bondholder" shall be construed to mean the person who owns the bond at the time of the execution of such contract and the provisions of such contract shall inure to and be binding upon any subsequent grantee, executor, administrator, heir, devisee, trustee, receiver or assign of such matured and/or redemption bond owner or bondholder.
[Pre-Local Government Recodification Citation: 17-3-82-5.]
As added by Acts 1980, P.L.8, SEC.12.
Structure Indiana Code
Title 5. State and Local Administration
Article 1. Bonds and Other Obligations
Chapter 7. Redemption Bonds of Counties and Townships
5-1-7-1. Contract With Bond Owner to Pay Matured Bond by Issuing Redemption Bond
5-1-7-3. Execution of Contract; Procedure
5-1-7-5. "Bond Owner" or "Bondholder" Defined
5-1-7-6. Validity or Priority of Lien of Bond Against Taxable Property