Indiana Code
Chapter 7. Redemption Bonds of Counties and Townships
5-1-7-6. Validity or Priority of Lien of Bond Against Taxable Property

Sec. 6. Neither the provisions of this chapter nor any contract executed under this chapter shall release, waive, or destroy the validity or priority of any lien of any such bond against the taxable property of such county or any taxing district coterminous with such county, or any taxing district coterminous with any civil township of such county.
[Pre-Local Government Recodification Citation: 17-3-82-6.]
As added by Acts 1980, P.L.8, SEC.12.

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Structure Indiana Code

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

5-1-7-2. Partial Payments of Principal With Interest Accrued; Form of Contract; Cancellation of Matured Bond

5-1-7-3. Execution of Contract; Procedure

5-1-7-4. Calculation of Tax Levy Necessary to Make Payments on Principal and Interest on Redemption Bonds; Submission to County Council

5-1-7-5. "Bond Owner" or "Bondholder" Defined

5-1-7-6. Validity or Priority of Lien of Bond Against Taxable Property

5-1-7-7. "Bond" and "Bond Fund" Defined