Ind. Code § 13-26-10-17
Payment of bond sale proceeds and revenue of works
As added by P.L.1-1996, SEC.16.
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.]
As added by P.L.1-1996, SEC.16.