§ 6-1.1-21.8-1 “Board” defined
§ 6-1.1-21.8-2 “Qualified taxing unit”
§ 6-1.1-21.8-3 Loan application; prerequisites to grant of loan
§ 6-1.1-21.8-4 Loan terms; repayment schedule
§ 6-1.1-21.8-5 Maximum loan amount for a particular qualified taxing unit
§ 6-1.1-21.8-6 “Delinquent tax”; loan proceeds and delinquent tax payments; calculation of levy excess; expenditure of loan receipts

Terms Used In Indiana Code > Title 6 > Article 1.1 > Chapter 21.8 - Rainy Day Fund Loans to Qualified Taxing Units

  • Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.
  • board: refers to the state board of finance. See Indiana Code 6-1.1-21.8-1
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Month: means a calendar month, unless otherwise expressed. See Indiana Code 1-1-4-5
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Population: has the meaning set forth in Ind. See Indiana Code 1-1-4-5
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • qualified taxing unit: means a taxing unit located in a county having a population of more than one hundred seventy thousand (170,000) and less than one hundred seventy-four thousand (174,000). See Indiana Code 6-1.1-21.8-2
  • United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5