Indiana § 5-1-7-7 - "Bond" and "bond fund" defined
Full text of Indiana Indiana Code § 5-1-7-7 — "Bond" and "bond fund" defined, with citation guidance and answers to common questions.
§ 5-1-7-7. "Bond" and "bond fund" defined
Sec. 7. 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.
IC 5-1-8Chapter 8. Judgment Funding Bonds of Counties
5-1-8-1Issuance and sale of judgment funding bonds; purpose; authority; restrictions
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-1-7-7
What does Indiana Code § 5-1-7-7 cover?
Section 5-1-7-7 (""Bond" and "bond fund" defined") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 5-1-7-7?
A common citation format is "Indiana Code § 5-1-7-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 5-1-7-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.