Indiana § 13-26-10-2 - Loans from federal government

Full text of Indiana Indiana Code § 13-26-10-2 — Loans from federal government, with citation guidance and answers to common questions.

§ 13-26-10-2. Loans from federal government

Sec. 2. A district obtaining a loan from the federal government or an agency of the federal government may issue obligations under this article to the federal government or agency to evidence the indebtedness without advertising for or receiving bids. The obligations:

(1) are payable solely from the net revenues of the works; and

(2) may be made of equal priority or subordinate to other revenue bonds issued or to be issued under this article or IC 13-3-2 (before its repeal).

[Pre-1996 Recodification Citation: 13-3-2-16(b).]

As added by P.L.1-1996, SEC.16.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 13-26-10-2

What does Indiana Code § 13-26-10-2 cover?

Section 13-26-10-2 ("Loans from federal government") 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 § 13-26-10-2?

A common citation format is "Indiana Code § 13-26-10-2" (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 § 13-26-10-2 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.