CHAPTER 8. JUDGMENT FUNDING BONDS OF COUNTIES

IC 5-1-8
    Chapter 8. Judgment Funding Bonds of Counties

IC 5-1-8-1
Issuance and sale of judgment funding bonds; purpose; authority;restrictions
    Sec. 1. The county council may, in its discretion, authorize theissuance and sale of judgment funding bonds of the county for thepurpose of procuring funds to pay any judgment taken against thecounty. Such bonds shall be authorized, issued and sold pursuant tostatutes governing the issuance of refunding bonds of the county, andthe amount thereof shall not exceed the face of the judgment orjudgments being funded, plus the accrued interest thereon, togetherwith the costs taxed by the court.
As added by Acts 1980, P.L.8, SEC.14.