Indiana § 5-1-6-16 - Powers conferred by chapter
Full text of Indiana Indiana Code § 5-1-6-16 — Powers conferred by chapter, with citation guidance and answers to common questions.
§ 5-1-6-16. Powers conferred by chapter
Sec. 16. This chapter constitutes full and complete authority for the issuance of refunding bonds. No procedure or proceedings, publications, notices, consents, approvals, orders, acts or things by any governing body, or any board, officer, commission, department, agency, or instrumentality of the state or any issuing body shall be required to issue any refunding bonds or to do any act or perform any thing under this chapter, except as may be prescribed in this chapter. The powers conferred by this chapter shall be in addition and supplemental to, and not in substitution for, and the limitations imposed by this chapter shall not affect, the powers conferred by any other law. This chapter is remedial in nature and shall be liberally construed.
[Pre-Local Government Recodification Citation: 19-8-7-16.]
As added by Acts 1980, P.L.8, SEC.10.
IC 5-1-7Chapter 7. Redemption Bonds of Counties and Townships
5-1-7-1Contract with bond owner to pay matured bond by issuing redemption bond 5-1-7-2Partial payments of principal with interest accrued; form of contract; cancellation of matured bond 5-1-7-3Execution of contract; procedure 5-1-7-4Calculation of tax levy necessary to make payments on principal and interest on redemption bonds; submission to county council 5-1-7-5"Bond owner" or "bondholder" defined 5-1-7-6Validity or priority of lien of bond against taxable property 5-1-7-7"Bond" and "bond fund" defined
Frequently Asked Questions About Indiana § 5-1-6-16
What does Indiana Code § 5-1-6-16 cover?
Section 5-1-6-16 ("Powers conferred by chapter") 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 § 5-1-6-16?
A common citation format is "Indiana Code § 5-1-6-16" (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 § 5-1-6-16 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.