Sec. 17. Money in the industrial development fund may be pledged by an advisory commission for the following purposes: (1) To pay debt service on bonds or other obligations issued under this chapter. (2) To establish and maintain a debt service reserve established by the advisory commission.
‹ 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.