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§ 5-1-7-7 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 5 - State and Local Administration/
  5. Article 1 - Bonds and Other Obligations/
  6. Chapter 7 - Redemption Bonds of Counties and Townships5-1-7-1. Contract with Bond Owner to Pay Matured Bond by Issuing Redemption Bond/
  7. § 5-1-7-7
Indiana Legal Code

§ 5-1-7-7

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The term 'bond' as used in this chapter shall mean and include any bond issued by and which is an obligation of the county in its civil capacity; and any so-called county unit road bond which has been issued by the board of commissioners and is an obligation of the taxing district which is coterminous with the county; and any so-called gravel road bond which has been issued by the board of commissioners and is an obligation of the taxing district which is coterminous with any civil township. The term 'bond fund' means any fund from which any of such bonds so issued or the interest thereon is paid.[Pre-Local Government Recodification Citation: 17-3-82-7.]As added by Acts 1980, P.L.8, SEC.12.