Indiana Code 20-40-9-5. Uses; required use of fund
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 20-40-9-5
- debt service: includes bonds and coupons, civil bond obligations, lease rental contracts, and interest cost on emergency and temporary loans. See Indiana Code 20-40-9-1
- fund: refers to a debt service fund established under section 4 of this chapter. See Indiana Code 20-40-9-2
Sec. 5. Except as otherwise provided by law, all expenditures for debt service must be paid from the fund.
[Pre-2006 Recodification Citation: 21-2-4-4 part.]
As added by P.L.2-2006, SEC.163.