Indiana Code 5-1-17-22. Bond issue for leased property purchase
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Terms Used In Indiana Code 5-1-17-22
- board: refers to the board of directors of the authority. See Indiana Code 5-1-17-2
- bonds: means bonds, notes, commercial paper, or other evidences of indebtedness. See Indiana Code 5-1-17-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Statute: A law passed by a legislature.
Sec. 22. If a capital improvement board exercises its option to purchase leased property, it may issue its bonds as authorized by statute.
As added by P.L.214-2005, SEC.6.