Sec. 11. The face of each bond shall include a statement that the bond does not constitute a corporate obligation or indebtedness of the qualified county and that the bond principal and interest are payable only out of the revenues of the local county road and bridge district.
As added by Acts 1981, P.L.88, SEC.13.
Structure Indiana Code
Title 8. Utilities and Transportation
Chapter 9. Local County Road and Bridge Board
8-14-9-3. Board; Establishment; Taxing District
8-14-9-4. Members; Tenure; Compensation
8-14-9-5. Construction Projects; Adoption of Resolution
8-14-9-6. Resolution; Public Inspection; Publication of Notice; Hearing
8-14-9-7. Remonstrances; Filing; Hearing and Decision
8-14-9-8. Resolution; Approval by County Council; Duties of Board
8-14-9-9. Modification of Approved Projects; New Resolutions
8-14-9-10. Bonds; Issuance; Limitations; Approval
8-14-9-11. Bonds; Disclaimer; Revenues for Payment
8-14-9-12. Bonds; Tax Exemption; Application of Laws
8-14-9-13. Tax; Imposition; Limitation
8-14-9-14. Local County Road and Bridge District Bond Fund; Deposits; Exemption; Use
8-14-9-15. Local County Road and Bridge Construction Fund; Use; Deposits
8-14-9-16. Bonds; Payment; Appropriation
8-14-9-17. Expenditures Not Subject to Geometric Design Guide for Local Roads and Streets