Indiana Code 36-7-15.3-18. Option to purchase leased property; bonds
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Terms Used In Indiana Code 36-7-15.3-18
- bonds: means bonds, notes, or other evidence of indebtedness issued by the authority. See Indiana Code 36-7-15.3-4
- commission: refers to a redevelopment commission established under Indiana Code 36-7-15.3-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Statute: A law passed by a legislature.
Sec. 18. If the commission exercises its option to purchase leased property, it may issue its bonds as authorized by statute.
As added by P.L.84-1987, SEC.14.