IC 12-20-25-5 — "Indebtedness"
Chapter 25. Township Assistance in Distressed Townships
Bills citing this section
Section text
Sec. 5. As used in this chapter, "indebtedness" includes unpaid township assistance claims, outstanding bonds, and advancements from the county to the township for any purpose, if the advancement is not repayable in the year the advancement is made.
As added by P.L.2-1992, SEC.14. Amended by P.L.73-2005, SEC.115.
Source: official publisher (2026 edition)