{"data":{"id":"us-in/ic-6-3.6-6-18-version-a","jurisdiction":"us-in","citation":"IC 6-3.6-6-18 (Version a)","heading":"Pledge of certified shares; payment of bonds; lease payments; approval by fiscal body","body":"Sec. 18. A civil taxing unit may pledge its certified shares to the payment of bonds or to lease payments for:\n(1) any purpose of the civil taxing unit;\n(2) any purpose of another governmental entity located in any part in the county, including a governmental entity organized on a regional basis; or\n(3) any purpose for which certified shares may be used under IC 6-3.6-10.\nThe pledge must be approved in an ordinance adopted by the fiscal body of the political subdivision.","path":["TITLE 6. TAXATION","ARTICLE 3.6. LOCAL INCOME TAXES","Chapter 6. Expenditure Rate"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-3.6-6-18","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"c5ee6bad61ae868ed97f2089c16598abb13d21b380667944aedde3ec28e1fba7","source_id":"us-in","stale":false,"prev":"us-in/ic-6-3.6-6-17-version-b","next":"us-in/ic-6-3.6-6-18-version-b"},"notice":"GroundRules: Original legal text. Not legal advice."}