Indiana § 36-10-3-42 - Hearing; appropriation of proceeds; sale

Full text of Indiana Indiana Code § 36-10-3-42 — Hearing; appropriation of proceeds; sale, with citation guidance and answers to common questions.

§ 36-10-3-42. Hearing; appropriation of proceeds; sale

Sec. 42. (a) The board shall hold a hearing as required by section 25 of this chapter. The board shall appropriate the proceeds of the bonds as required by law for special taxing district bonds.

(b) IC 6-1.1-20-1, IC 6-1.1-20-2, and IC 6-1.1-20-5 apply to the issuance of the bonds.

(c) The bonds may be sold at a public sale in accordance with IC 5-1-11 or may be sold at a negotiated sale.

As added by P.L.74-1986, SEC.9. Amended by P.L.25-1995, SEC.92; P.L.125-2018, SEC.9.

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

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Frequently Asked Questions About Indiana § 36-10-3-42

What does Indiana Code § 36-10-3-42 cover?

Section 36-10-3-42 ("Hearing; appropriation of proceeds; sale") 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 § 36-10-3-42?

A common citation format is "Indiana Code § 36-10-3-42" (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 § 36-10-3-42 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.