Indiana Code 20-40-9-1. “Debt service”
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Terms Used In Indiana Code 20-40-9-1
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
Sec. 1. As used in this chapter, “debt service” includes bonds and coupons, civil bond obligations, lease rental contracts, and interest cost on emergency and temporary loans.
[Pre-2006 Recodification Citations: 21-2-4-2 part; 21-2-4-4 part.]
As added by P.L.2-2006, SEC.163.