IC 6-1.1-21.9 – Rainy Day Fund Loans for Qualified Taxing Units | Midpage

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Indiana Code

Chapter 21.9

IC 6-1.1-21.9

Rainy Day Fund Loans for Qualified Taxing Units

1Definitions 2Qualified taxing unit 3Board determines terms of loan and disburses installments; loan repayment; no excessive levy; deposit of payments received 4Effects on levy excess funds; effects of receipt of delinquent taxes 5Loan is not bonded indebtedness