Indiana § 36-9-11-21 - Pledge of revenues; deposits; irrevocability
Full text of Indiana Indiana Code § 36-9-11-21 — Pledge of revenues; deposits; irrevocability, with citation guidance and answers to common questions.
§ 36-9-11-21. Pledge of revenues; deposits; irrevocability
Sec. 21. If a pledge of revenues is made under section 20 of this chapter, then the revenues pledged shall be deposited monthly in the fund or account for the payment of the bonds. The pledge is irrevocable as long as any of the bonds for which the pledge is made are outstanding, but the municipality may not make any covenant relative to the number or location of the parking meters to be maintained by it in and along its streets.
[Pre-Local Government Recodification Citation: 19-5-11-10 part.]
As added by Acts 1981, P.L.309, SEC.84.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-9-11-21
What does Indiana Code § 36-9-11-21 cover?
Section 36-9-11-21 ("Pledge of revenues; deposits; irrevocability") 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 § 36-9-11-21?
A common citation format is "Indiana Code § 36-9-11-21" (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 § 36-9-11-21 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.