Indiana Code 8-16-2-25. Assumption of debts
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 8-16-2-25
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Sec. 25. Nothing contained in this chapter shall be so construed as to authorize the state or the department to assume any debt or obligation of any county which may aid or assist in the construction of any bridge contemplated under this chapter.
Formerly: Acts 1927, c.10, s.25. As amended by Acts 1980, P.L.74, SEC.293.