Indiana Code — Title 6 (Taxation)
IC 6-9-70-10
Covenant of general assembly with holders of obligations
Official textiga.in.govlast amended
Sec. 10. With respect to obligations for which a pledge has been made under section 9 of
this chapter, the general assembly covenants with the holders of the obligations that this chapter will not be repealed or amended in a manner that will adversely affect the imposition or collection of the tax imposed under this chapter if the payment of any of the obligations is outstanding.
As added by P.L.230-2025, SEC.119.
Amendment history
As added by P.L.230-2025, SEC.119.
Source: view the official text
Nearby sections (25 sections)
- 6-9-69-9 · Uses of money in fund
- 6-9-69-10 · Covenant of general assembly with holders of obligations
- 6-9-69-11 · Termination and expiration
- 6-9-70-1 · Application
- 6-9-70-2 · Application of definitions
- 6-9-70-3 · Fiscal body ability to adopt ordinance to impose tax
- 6-9-70-4 · Applicable transactions
- 6-9-70-5 · Tax rate
- 6-9-70-6 · Imposition, payment, and collection of tax
- 6-9-70-7 · Amounts received paid monthly to treasurer of state; warrants
- 6-9-70-8 · Food and beverage tax receipts fund
- 6-9-70-9 · Uses of money in fund
- 6-9-70-10 · Covenant of general assembly with holders of obligations
- 6-9-70-11 · Termination and expiration
- 6-9-71-1 · Application
- 6-9-71-2 · Application of definitions
- 6-9-71-3 · Fiscal body ability to adopt ordinance to impose tax
- 6-9-71-4 · Applicable transactions
- 6-9-71-5 · Tax rate
- 6-9-71-6 · Imposition, payment, and collection of tax
- 6-9-71-7 · Amounts received paid monthly to treasurer of state; warrants
- 6-9-71-8 · Food and beverage tax receipts fund
- 6-9-71-9 · Uses of money in fund
- 6-9-71-10 · Covenant of general assembly with holders of obligations
- 6-9-71-11 · Termination and expiration