Sec. 21. Bonds issued to fund a program under this chapter are not in any respect a general obligation of the state, nor are they payable in any manner from revenues raised by taxation.
As added by P.L.189-2018, SEC.25.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.2. Indiana Finance Authority
Chapter 9. Economic Development Projects
5-1.2-9-1. Purposes of This Chapter
5-1.2-9-3. Public Offering for Sale or Lease of Property
5-1.2-9-4. Public Offering; Requirements; Offering Sheet
5-1.2-9-7. Award to Highest and Best Bidder; Factors That May Be Considered; Rejection
5-1.2-9-8. Cost Benefit Analyses
5-1.2-9-9. Contracts With a Bidder; Provisions
5-1.2-9-10. Sale, Exchange, or Lease of Property; Terms; Time Period
5-1.2-9-11. Action to Contest Validity
5-1.2-9-12. Negotiation of Financing Agreements; Considerations; Expenses
5-1.2-9-13. Report for Proposed Economic Development Project; Plan Commission; School Superintendent
5-1.2-9-15. Approval of Proposed Financing Agreement
5-1.2-9-16. Financing Agreement; Payment Provisions
5-1.2-9-17. Financing Agreement; Limit on Term of an Agreement
5-1.2-9-19. Financing of Projects for Developers or Users Through Issuance of Bonds
5-1.2-9-20. Requirements That Must Be Complied With Before Entering Into a Financing Agreement
5-1.2-9-21. Bonds Not General Obligation of the State
5-1.2-9-22. Taxable Bonds; Payment Provisions
5-1.2-9-23. Power to Engage in Financing Activities; Purchase of a Loan
5-1.2-9-24. Lender Certifications
5-1.2-9-25. Guarantees; Secured Loans; Reservation of Funds
5-1.2-9-26. Power to Issue Bonds; Cumulative Term of Refunding Bonds
5-1.2-9-27. Property Not Public Property; Not Exempt From Taxation