Sec. 17. Unless this article otherwise provides, the board may provide by ordinance or in the trust indenture for the payment of: (1) the proceeds of the sale of the bonds; and (2) the revenues of the works; to the officer, board, or depository that the board determines for the custody of the money and for the method of disbursement, with safeguards and restrictions that the board determines. [Pre-1996 Recodification Citation: 13-3-2-19(d) part.]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.