Indiana Code 16-22-7-27. Issuance of bonds
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Terms Used In Indiana Code 16-22-7-27
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Sec. 27. The county fiscal body may issue general obligation bonds to procure funds to purchase the building. The bonds shall be authorized, issued, and sold in accordance with the laws authorizing the issuance and sale of bonds for other county purposes.
[Pre-1993 Recodification Citation: 16-12-20.5-15(c).]
As added by P.L.2-1993, SEC.5.