IC 6-1.1-20-1 — "Bonds"
Chapter 20. Procedures for Issuance of Bonds and Other Evidences of Indebtedness by Political Subdivisions
Section text
Sec. 1. For purposes of this chapter, the term "bonds" means any bonds or other evidences of indebtedness payable from property taxes, but does not include: (1) notes representing loans under IC 36-2-6-18, IC 36-3-4-22, IC 36-4-6-20, or IC 36-5-2-11 which are payable within five (5) years after issuance; (2) warrants representing temporary loans which are payable out of taxes levied and in the course of collection; (3) a lease; (4) obligations; or (5) funding, refunding, or judgment funding bonds of political subdivisions.
Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.37-1988, SEC.8; P.L.25-1995, SEC.39; P.L.146-2008, SEC.187.
Source: official publisher (2026 edition)