{"data":{"id":"us-in/ic-6-1.1-21.2-6.6","jurisdiction":"us-in","citation":"IC 6-1.1-21.2-6.6","heading":"\"Obligation\"","body":"Sec. 6.6. As used in this chapter, \"obligation\" means an obligation to repay:\n(1) the principal and interest on bonds;\n(2) lease rentals on leases; or\n(3) any other contractual obligation;\npayable from tax increment revenues. The term includes a guarantee of repayment from tax increment revenues if other revenues are insufficient to make a payment.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 21.2. Tax Increment Replacement"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-21.2-6.6","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"c53a80e330de0b082ba83e3f28edd8cf8ae530f083756977895d45ff2e26d02e","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-21.2-6","next":"us-in/ic-6-1.1-21.2-7"},"notice":"GroundRules: Original legal text. Not legal advice."}