5-1.2-9-22. Taxable bonds; payment provisions

IN Code § 5-1.2-9-22 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 22. Any resolution adopted to authorize the issuance of taxable bonds to fund a program under section 19(11) of this chapter may provide that the bonds are payable solely from:

(1) revenues and receipts derived from the various financing agreements; or

(2) the payments made under any other agreements to secure the obligations of the developers, users, related persons, or the authority.

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