Sec. 12. "Security" means a bond, note, or evidence of indebtedness issued by a qualified entity and payable from taxes, revenues, rates, charges, assessments, proceeds of funding or refunding bonds or notes, or any combination of the foregoing. IC 5-1.4-2 Chapter 2. Establishment and Organization 5-1.4-2-1 Local public improvement bond bank; establishment; nature; purpose 5-1.4-2-1.5 Public purpose 5-1.4-2-2 Board of directors; establishment; membership; appointment; vacancy 5-1.4-2-3 Duties of board 5-1.4-2-4 Quorum 5-1.4-2-5 Action by affirmative vote of three directors; effect of vacancy 5-1.4-2-6 Surety bonds; issuer; cost 5-1.4-2-7 Disclosure of interest in contract; abstention; validity of contract 5-1.4-2-8 Liability of director or issuer of bonds or notes 5-1.4-2-9 Executive director; duties
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