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Indiana · Snapshot 2026

IC 5-1-11.5-2: "Bonds"

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 1. BONDS AND OTHER OBLIGATIONS
  3. Chapter 11.5. Additional Requirements for the Issuance of Bonds

Sec. 2. As used in this chapter, "bonds" means any bonds, notes, or other evidences of indebtedness, whether payable from property taxes, other taxes, revenues, fees, or any other source. However, the term does not include notes, warrants, or other evidences of indebtedness that have a maturity of not more than five (5) years and that are made in anticipation of and to be paid from revenues of the school corporation, county, or municipality.

Collected 2026-09-02T16:11:39Z. Source file · JSON

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