Proceeds of sale of bonds; deposit in fund; payments

Ind. Code § 36-9-6.1-12
in effect
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Sec. 12. Proceeds from the sale of bonds under section 11 of this chapter shall be deposited in the thoroughfare fund and used by the unit to pay for: (1) property acquired by the unit; (2) benefits assessed against the unit at large; and (3) damages increased by a court on appeal; under this chapter. As added by P.L.220-1986, 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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