Ind. Code § 5-1.2-9-22

Current through P.L. 171-2024

Section 5-1.2-9-22 - Taxable bonds; payment provisions

Any resolution adopted to authorize the issuance of taxable bonds to fund a program under section 19(11) of this chapter may provide that the bonds are payable solely from:

(1) revenues and receipts derived from the various financing agreements; or

(2) the payments made under any other agreements to secure the obligations of the developers, users, related persons, or the authority.

IC 5-1.2-9-22

Added by P.L. 189-2018,SEC. 25, eff. 7/1/2018.