Pledge of money in industrial development fund

Ind. Code § 36-7-13-17
in effect
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Sec. 17. Money in the industrial development fund may be pledged by an advisory commission for the following purposes: (1) To pay debt service on bonds or other obligations issued under this chapter. (2) To establish and maintain a debt service reserve established by the advisory commission. As added by P.L.125-1998, SEC.21. Amended by P.L.1-1999, SEC.82.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026

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