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Indiana Code Title 6. Taxation § 6-3.6-10-6

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

<Text of section effective until Jan. 1, 2028.  See, also, version of IC 6-3.6-10-6 effective Jan. 1, 2028.>

Sec. 6. (a) A pledge of revenues from a tax imposed under IC 6-3.6-6 or IC 6-3.6-7 (but not IC 6-3.6-5) is enforceable in accordance with IC 5-1-14.

(b) With respect to obligations for which a pledge has been made under IC 6-3.6-6 or IC 6-3.6-7 (but not IC 6-3.6-5), the general assembly covenants with the county and the purchasers or owners of those obligations that this article will not be repealed or amended in any manner that will adversely affect the tax collected under this article as long as the principal of or interest on those obligations is unpaid.

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Cite this article: FindLaw.com - Indiana Code Title 6. Taxation § 6-3.6-10-6 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-6-taxation/in-code-sect-6-3-6-10-6/

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