13-26-10-17. Payment of bond sale proceeds and revenue of works

IN Code § 13-26-10-17 (2019) (N/A)
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Sec. 17. Unless this article otherwise provides, the board may provide by ordinance or in the trust indenture for the payment of:

(1) the proceeds of the sale of the bonds; and

(2) the revenues of the works;

to the officer, board, or depository that the board determines for the custody of the money and for the method of disbursement, with safeguards and restrictions that the board determines.

[Pre-1996 Recodification Citation: 13-3-2-19(d) part.]

As added by P.L.1-1996, SEC.16.