36-11-5-3. District contracts and obligations

IN Code § 36-11-5-3 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 3. A district may make contracts or incur obligations only if the contracts or obligations are payable solely from:

(1) revenue the district is permitted to raise under this article; or

(2) federal, state, or other grants or contributions.

As added by P.L.161-2002, SEC.2 and P.L.172-2002, SEC.7.