Indiana Code 13-18-8-5. Sanitary fund
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Sec. 5. The money made available by the issuance of either direct obligation bonds or revenue bonds as provided by the water pollution control laws or IC 13-1-3 (before its repeal):
(2) shall be used for no other purpose than for carrying out an order issued under the water pollution control laws or IC 13-1-3 (before its repeal).
(1) constitutes a sanitary fund; and
Terms Used In Indiana Code 13-18-8-5
- 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.
[Pre-1996 Recodification Citation: 13-1-3-12(c).]
As added by P.L.1-1996, SEC.8.