Indiana Code 12-20-25-5. “Indebtedness”
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Terms Used In Indiana Code 12-20-25-5
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
Sec. 5. As used in this chapter, “indebtedness” includes unpaid township assistance claims, outstanding bonds, and advancements from the county to the township for any purpose, if the advancement is not repayable in the year the advancement is made.
[Pre-1992 Revision Citation: 12-2-14-4.]
As added by P.L.2-1992, SEC.14. Amended by P.L.73-2005, SEC.115.