Issuance of bonds; option to purchase leased property; legislative body approval

Ind. Code § 36-7-14.5-22
in effect
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Sec. 22. If the commission exercises its option to purchase leased property, it may, subject to the prior approval of the legislative body of the unit under IC 36-7-14-25.1, issue its bonds as authorized by statute. As added by P.L.380-1987(ss), SEC.18. Amended by P.L.149-2014, SEC.30.
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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