GroundRules
IC 16-23-3-5: Bonds; tax levy
Where this section sits in the code
- TITLE 16. HEALTH
- ARTICLE 23. MUNICIPAL AND OTHER TYPES OF HOSPITALS
- Chapter 3. Tax Levies and Appropriations for Hospital Associations by Third Class Cities
Sec. 5. (a) The city fiscal body may issue and sell bonds of the city, under the regulations followed for the issuance and sale of bonds for the construction of other city buildings, to provide money to do the following:
(1) Aid in the purchase, equipment, and construction of the hospital buildings and grounds.
(2) Pay the obligations of the hospital association.
(b) The fiscal body may also levy and collect taxes to pay and satisfy bonds when due.
Collected 2026-09-11T20:02:18Z. Source file · JSON