CHAPTER 10. FINANCING: REFUNDING OF OUTSTANDING BONDS

IC 13-21-10

    

Chapter 10. Financing: Refunding of Outstanding Bonds

IC 13-21-10-1

Issuance of bonds to refund outstanding bonds

    

Sec. 1. If a board finds that a refunding of outstanding bonds
would:

        (1) be of benefit to the health and welfare of the district; and

        (2) comply with the purposes and provisions of this article;

the board may authorize the issuance of bonds under IC 5-1-5 to
refund outstanding bonds issued in accordance with this article or
IC 13-9.5-9 (before its repeal).

As added by P.L.1-1996, SEC.11.