Ind. Code § 5-1-12-2
Current through P.L. 171-2024
Whenever any bonds are sold by any municipal corporation and when the successful bidder agrees to pay and does pay any premium as a part of the bid price of such bonds, any and all premiums so received shall be paid into and shall constitute a part of the fund which is created to retire such bonds and to pay the interest thereon.
IC 5-1-12-2
Pre-Local Government Recodification Citation: 19-8-8-1.