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IC 5-1-7 – Redemption Bonds of Counties and Townships | Midpage
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Indiana Code
Title 5
1
Chapter 7
IC 5-1-7
Redemption Bonds of Counties and Townships
1
Contract with bond owner to pay matured bond by issuing redemption bond
2
Partial payments of principal with interest accrued; form of contract; cancellation of matured bond
3
Execution of contract; procedure
4
Calculation of tax levy necessary to make payments on principal and interest on redemption bonds; submission to county council
5
"Bond owner" or "bondholder" defined
6
Validity or priority of lien of bond against taxable property
7
"Bond" and "bond fund" defined