Indiana Code 20-40-19-3. Limitations on uses
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Terms Used In Indiana Code 20-40-19-3
- 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. 3. The referendum controlled project tax levy may be used only for debt service, lease payments, and similar obligations actually due for a controlled project approved by the voters in a referendum under IC 6-1.1-20.
As added by P.L.244-2017, SEC.87.