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Indiana Code Title 6. Taxation § 6-3.6-6-18

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

<Text of section effective until July 1, 2027.  See, also, version of IC 6-3.6-6-18 effective July 1, 2027.>

Sec. 18. A civil taxing unit may pledge its certified shares to the payment of bonds or to lease payments for:

(1) any purpose of the civil taxing unit;

(2) any purpose of another governmental entity located in any part in the county, including a governmental entity organized on a regional basis;  or

(3) any purpose for which certified shares may be used under IC 6-3.6-10.

The pledge must be approved in an ordinance adopted by the fiscal body of the political subdivision.

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Cite this article: FindLaw.com - Indiana Code Title 6. Taxation § 6-3.6-6-18 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-6-taxation/in-code-sect-6-3-6-6-18/

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