Indiana Code 36-7-13-17. Pledge of money in industrial development fund
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Sec. 17. Money in the industrial development fund may be pledged by an advisory commission for the following purposes:
(1) To pay debt service on bonds or other obligations issued under this chapter.
(2) To establish and maintain a debt service reserve established by the advisory commission.
As added by P.L.125-1998, SEC.21. Amended by P.L.1-1999, SEC.82.