Bonds, notes, or other evidences of indebtedness equally and ratably secured by lien

Ind. Code § 14-33-20-22
in effect
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Sec. 22. 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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026

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