As used in this part, unless the context clearly requires otherwise, the following definitions apply:
- (1) "Governing body" means the legislative authority of a local government, by whatever name designated.
- (2) "Local government" means any city, town, county, consolidated city-county, or school district.
- (3) "Ordinance" means an ordinance or resolution of the local government.
- (4) "Short-term obligations" are tax anticipation notes or revenue anticipation notes that mature at a time not to exceed 13 months from the date issued.
History: En. Sec. 1, Ch. 481, L. 1985.