Indiana Code 5-1-14-1.3. Definitions
Current as of: 2023 | Check for updates
|
Other versions
Sec. 1.3. The following definitions apply throughout this chapter:
(2) “Special benefit taxes” has the meaning set forth in IC 5-1-5-1.
(1) “Local issuing body” has the meaning set forth in IC 5-1-5-1.
Terms Used In Indiana Code 5-1-14-1.3
- Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
(3) “Swap agreement” has the meaning set forth in IC 8-9.5-9-4, except that the term includes a swap agreement entered into by an issuing body (as defined in section 17.2(b) of this chapter) only if any part of the payments owed by the issuing body under the agreement, including any termination or settlement payments, is payable out of:
(A) tax revenues; or
(B) a special assessment.
(4) “Tax increment revenues” has the meaning set forth in IC 5-1-5-1.
As added by P.L.146-2008, SEC.28. Amended by P.L.218-2011, SEC.1.