Indiana Code 13-26-10-2. Loans from federal government
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Sec. 2. A district obtaining a loan from the federal government or an agency of the federal government may issue obligations under this article to the federal government or agency to evidence the indebtedness without advertising for or receiving bids. The obligations:
(2) may be made of equal priority or subordinate to other revenue bonds issued or to be issued under this article or IC 13-3-2 (before its repeal).
(1) are payable solely from the net revenues of the works; and
Terms Used In Indiana Code 13-26-10-2
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
[Pre-1996 Recodification Citation: 13-3-2-16(b).]
As added by P.L.1-1996, SEC.16.