Ind. Code § 5-1-12-2
This is the official text of Ind. Code § 5-1-12-2, part of Indiana’s Code — part of the compiled statutory law of Indiana, published by the state as "Code." Browse the sections below, each linked to its official government source.
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Premiums on bid prices to constitute part of fund to retire bond and pay interest thereon
Official statutory text
Sec. 2. Whenever any bonds are sold by any municipal corporation and when the successful bidder agrees to pay and does pay any premium as a part of the bid price of such bonds, any and all premiums so received shall be paid into and shall constitute a part of the fund which is created to retire such bonds and to pay the interest thereon.
[Pre-Local Government Recodification Citation: 19-8-8-1.]
As added by Acts 1980, P.L.8, SEC.21.
[Pre-Local Government Recodification Citation: 19-8-8-1.]
As added by Acts 1980, P.L.8, SEC.21.
Status: in_force · Read it on the official government site
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