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Indiana Code Title 15. Agriculture and Animals § 15-14-8-2

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 2. (a) Bonds issued under section 1 of this chapter:

(1) are free from state tax;  and

(2) may not be issued for a period longer than the life of the charter of the society or fair.

(b) The bonds may be sold at a price less than the par value if the action is endorsed by a full meeting of the board of directors of the society or fair.

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Cite this article: FindLaw.com - Indiana Code Title 15. Agriculture and Animals § 15-14-8-2 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-15-agriculture-and-animals/in-code-sect-15-14-8-2/

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