Ind. Code § 14-33-20-23

Current through P.L. 171-2024

Section 14-33-20-23 - Constitutionally restricted bonds or debts not authorized

This chapter does not authorize the board to do anything that would result in the creation of an instrument that constitutes a bond or debt within the meaning of the constitutional restriction relating to:

(1) the creation or incurring of a debt or indebtedness; or

(2) the issuance of an instrument constituting a bond or debt.

IC 14-33-20-23

Pre-1995 Recodification Citation: 13-3-4-8(e) part.

As added by P.L. 1-1995, SEC.26.