Ind. Code § 12-29-2-19

Current through P.L. 171-2024
Section 12-29-2-19 - County property of building if bond issued; nonapplication of tax limitations

If bonds are issued under this chapter:

(1) the building that is constructed, equipped, or improved with proceeds of the bonds is:
(A) the property of the county issuing the bonds; or
(B) the joint property of the counties involved if the bonds are issued by at least two (2) counties; and
(2) the tax limitations in this chapter do not apply to the levy of taxes to pay the bonds and the interest on the bonds.

IC 12-29-2-19

As added by P.L. 78-2004, SEC.20.