Ind. Code § 14-33-20-22
Bonds, notes, or other evidences of indebtedness equally and ratably secured by lien
As added by P.L.1-1995, SEC.26.
All bonds, notes, or other evidences of indebtedness of the same issue shall be equally and ratably secured, without priority because of:
- (1) number or date of issue;
- (2) sale;
- (3) execution; or
(4) delivery;
by a lien upon the revenues in accordance with this chapter and the resolution authorizing issuance.
[Pre-1995 Recodification Citation: 13-3-4-8(e) part.]
As added by P.L.1-1995, SEC.26.