Indiana Code > Title 8 > Article 18 > Chapter 22 – County Road and Bridge Bonding
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Terms Used In Indiana Code > Title 8 > Article 18 > Chapter 22 - County Road and Bridge Bonding
- Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
- bonds: has the meaning set forth in IC 36-1-2-2. See Indiana Code 8-18-22-2
- Contract: A legal written agreement that becomes binding when signed.
- Highway: includes county bridges and state and county roads, unless otherwise expressly provided. See Indiana Code 1-1-4-5
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Trustee: A person or institution holding and administering property in trust.