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§ 6-1-1-20-1 — Indiana Law | CourtGPT
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  4. Title 6 - Taxation/
  5. Article 1.1 - Property Taxes/
  6. Chapter 20 - Procedures for Issuance of Bonds and Other Evidences of Indebtedness by Political Subdivisions6-1.1-20-0.5. Project Cost; Exception for Donations/
  7. § 6-1-1-20-1
Indiana Legal Code

§ 6-1-1-20-1

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For purposes of this chapter, the term 'bonds' means any bonds or other evidences of indebtedness payable from property taxes, but does not include:(1) notes representing loans under IC 36-2-6-18, IC 36-3-4-22, IC 36-4-6-20, or IC 36-5-2-11 which are payable within five (5) years after issuance;(2) warrants representing temporary loans which are payable out of taxes levied and in the course of collection;(3) a lease;(4) obligations; or(5) funding, refunding, or judgment funding bonds of political subdivisions.[Pre-1975 Property Tax Recodification Citation: 6-1-46-7 part.]Formerly: Acts 1975, P.L.47, SEC.1. As amended by P.L.37-1988, SEC.8; P.L.25-1995, SEC.39; P.L.146-2008, SEC.187.