Indiana Code 6-9-26-15. Pledge of funds to finance obligations
Indiana Code > Title 6 > Article 9 > Chapter 26 > § 6-9-26-15. Pledge of funds to finance obligations
Current as of: 2009
Pledge of funds to finance obligations
Sec. 15. (a) The county may enter into an agreement under which amounts deposited in, or to be deposited in, the fund are pledged to payment of obligations issued to finance the uses for the money authorized under section 12 or 12.5 of this chapter.
(b) With respect to obligations for which a pledge has been made under subsection (a), the general assembly covenants with the holders of these obligations that:
(1) this chapter will not be repealed or amended in any manner
that will adversely affect the imposition or collection of the tax imposed under this chapter; and
Questions & Answers: Other Taxes
Indiana Laws: Other Taxes
LawServer is for purposes of information only and is no substitute for legal advice.
© 2013 LawServer, Inc. All rights reserved