Indiana § 36-9-30-16 - Preliminary expenses; payment; procedure; reimbursement of fund

Full text of Indiana Indiana Code § 36-9-30-16 — Preliminary expenses; payment; procedure; reimbursement of fund, with citation guidance and answers to common questions.

§ 36-9-30-16. Preliminary expenses; payment; procedure; reimbursement of fund

Sec. 16. (a) All or part of the necessary preliminary expenses that are incurred by a board and must be paid before the issuance and delivery of revenue bonds under this chapter may be paid in the manner provided by this section.

(b) The board may certify the items of expense to the fiscal officer of the unit, who shall immediately draw a warrant or warrants to be paid out of the unappropriated part of the general fund of the unit, without a special appropriation being made. If the unit has no unappropriated money in its general fund, the fiscal officer shall recommend to the fiscal body of the unit:

(1) the temporary transfer from other funds of a sufficient amount to meet the items of expense; or

(2) the making of a temporary loan for that purpose.

The fiscal body shall immediately make the transfer or authorize the temporary loan.

(c) The fund or funds from which the payments are made shall be fully reimbursed and repaid out of the first proceeds of the sale of revenue bonds, and before any other disbursements are made from those proceeds. The amount advanced to pay preliminary expenses is a first charge against the proceeds resulting from the sale of the revenue bonds until it has been repaid.

[Pre-Local Government Recodification Citation: 19-2-1-10.]

As added by Acts 1981, P.L.309, SEC.106.

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

Frequently Asked Questions About Indiana § 36-9-30-16

What does Indiana Code § 36-9-30-16 cover?

Section 36-9-30-16 ("Preliminary expenses; payment; procedure; reimbursement of fund") 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 § 36-9-30-16?

A common citation format is "Indiana Code § 36-9-30-16" (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 § 36-9-30-16 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.