Indiana § 12-29-2-19 - County property of building if bond issued; nonapplication of tax limitations
Full text of Indiana Indiana Code § 12-29-2-19 — County property of building if bond issued; nonapplication of tax limitations, with citation guidance and answers to common questions.
§ 12-29-2-19. County property of building if bond issued; nonapplication of tax limitations
Sec. 19. 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.
As added by P.L.78-2004, SEC.20.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 12-29-2-19
What does Indiana Code § 12-29-2-19 cover?
Section 12-29-2-19 ("County property of building if bond issued; nonapplication of tax limitations") 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 § 12-29-2-19?
A common citation format is "Indiana Code § 12-29-2-19" (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 § 12-29-2-19 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.