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Indiana · Snapshot 2026

IC 5-1.2-6-12: Appropriation of bond proceeds

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 1.2. INDIANA FINANCE AUTHORITY
  3. Chapter 6. Recreational Development Facilities and Park Projects

Sec. 12. The proceeds of the bonds are appropriated for and shall be used solely for the payment of the cost of the park project for which the bonds have been issued. The proceeds shall be disbursed in the manner and under the restrictions, if any, that the authority provides in the resolution authorizing the issuance of the bonds or in the trust agreement securing the bonds.

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

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