Indiana § 6-9-4-9 - Bonds or debts; adverse legislation; covenant
Full text of Indiana Indiana Code § 6-9-4-9 — Bonds or debts; adverse legislation; covenant, with citation guidance and answers to common questions.
§ 6-9-4-9. Bonds or debts; adverse legislation; covenant
Sec. 9. With respect to bonds or debt for which a pledge of tax revenues has been made under section 3 of this chapter, the general assembly covenants with the commission, the county, the purchasers of those bonds, and the lenders to a not-for-profit corporation under this chapter that:
(1) this chapter will not be repealed or amended in any manner that will adversely affect the imposition or collection of the tax imposed by this chapter or the rights of lenders or bond purchasers; and
(2) this chapter will not be amended in any manner that will change the purpose for which revenues from the tax imposed by this chapter may be used;
as long as the principal of, or interest on, any of the bonds or debt is unpaid.
As added by P.L.75-1988, SEC.3.
IC 6-9-5Chapter 5. RepealedRepealed by P.L.77-2003, SEC.1.
IC 6-9-6Chapter 6. LaPorte County Innkeeper's Tax
6-9-6-1Application of chapter 6-9-6-2Special funds board of managers; creation 6-9-6-3Meetings; officers; rules; quorum 6-9-6-4Funds; deposit; audit 6-9-6-5Powers of board 6-9-6-6Tax on lodgings; collection 6-9-6-7Convention, tourism, and recreation fund 6-9-6-8Transfer and use of funds restricted; offense
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 6-9-4-9
What does Indiana Code § 6-9-4-9 cover?
Section 6-9-4-9 ("Bonds or debts; adverse legislation; covenant") 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 § 6-9-4-9?
A common citation format is "Indiana Code § 6-9-4-9" (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 § 6-9-4-9 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.