Indiana Code — Title 6 (Taxation)
IC 6-1.1-20.2-12
Chapter constitutes complete authority for loans
Sec. 12. The notes and the authorization, issuance, sale, and delivery of the notes are not subject to any general statute concerning obligations issued by the local governmental entity borrower. This chapter contains full and complete authority for the making of the loan, the authorization, issuance, sale, and delivery of the notes, and the repayment of the loan by the borrower, and no law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by any officer, department, agency, or instrument of the state or of any political subdivision is required to make the loan, issue the notes, or repay the loan except as prescribed in this chapter.
As added by P.L.182-2009(ss), SEC.150.
Amendment history
As added by P.L.182-2009(ss), SEC.150.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-20-12 · Distribution of levy approved in referendum
- 6-1.1-20.2-1 · "Board"
- 6-1.1-20.2-2 · "Eligible county"
- 6-1.1-20.2-3 · Eligible county may apply to board for loan
- 6-1.1-20.2-4 · Board determines terms of any loan after review by budget
- 6-1.1-20.2-5 · Interest on loan
- 6-1.1-20.2-6 · Term of loan repayment; penalty
- 6-1.1-20.2-7 · Disbursement of loan proceeds by board
- 6-1.1-20.2-8 · Repayment of loan by eligible county from any revenue…
- 6-1.1-20.2-9 · Obligation to repay loan not basis to obtain excessive…
- 6-1.1-20.2-10 · Deposit by board of loan payments
- 6-1.1-20.2-11 · Loan proceeds received not considered part of levy…
- 6-1.1-20.2-12 · Chapter constitutes complete authority for loans
- 6-1.1-20.2-13 · Treasurer of state payment of delinquent loan payments…
- 6-1.1-20.2-14 · Restriction on use of loans
- 6-1.1-20.3-1 · "Board"
- 6-1.1-20.3-2 · "Distressed political subdivision"
- 6-1.1-20.3-3 · "Political subdivision"
- 6-1.1-20.3-4 · Board established; members; terms; vacancies;…
- 6-1.1-20.3-5 · Staff duties; rules; funding; contracts
- 6-1.1-20.3-6 · Petitions to the board; petition by treasurer of state
- 6-1.1-20.3-6.5 · Designation of distressed political subdivisions;…
- 6-1.1-20.3-6.7 · "Township assistance property tax rate"; designation of
- 6-1.1-20.3-6.8 · Designation of Gary Community School Corporation as a
- 6-1.1-20.3-6.9 · Repealed