5-1.2-2-4. "Bond"

IN Code § 5-1.2-2-4 (2019) (N/A)
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Sec. 4. "Bond", for purposes of IC 5-1.2-16, means any:

(1) bond or mortgage credit certificate for which it is necessary to procure volume under the volume cap under Section 146 of the Internal Revenue Code; or

(2) bond or other obligation for which a special volume cap is authorized under a federal act.

As added by P.L.189-2018, SEC.25.