Indiana § 8-14-9-14 - Local county road and bridge district bond fund; deposits; exemption; use
Full text of Indiana Indiana Code § 8-14-9-14 — Local county road and bridge district bond fund; deposits; exemption; use, with citation guidance and answers to common questions.
§ 8-14-9-14. Local county road and bridge district bond fund; deposits; exemption; use
Sec. 14. (a) A separate fund known as the local county road and bridge district bond fund is created for deposit of the following monies:
(1) revenues collected from the tax imposed under this chapter;
(2) any appropriation made under section 16 of this chapter; and
(3) any proceeds remaining from the sale of bonds after payment of all costs and expenses described in section 10(b) of this chapter.
In addition, if there are any outstanding bonds issued under this chapter, then revenues received by the county from the county vehicle excise tax and the county wheel tax shall, notwithstanding IC 6-3.5-4-13 and IC 6-3.5-5-15, be deposited in the local county road and bridge district bond fund. However, this subsection does not apply to county vehicle excise tax and county wheel tax revenues which are to be distributed under IC 6-3.5-4-13 and IC 6-3.5-5-15 to cities and towns located in the county.
(b) Monies in the fund shall be used only for payment of local county road and bridge district bonds as they severally mature, and the interest on those bonds.
(c) Monies in the fund shall be deposited with one (1) depository of other funds of the qualified county. Interest accruing on monies in the fund belongs to the fund.
As added by Acts 1981, P.L.88, SEC.13. Amended by P.L.256-2017, SEC.93.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-14-9-14
What does Indiana Code § 8-14-9-14 cover?
Section 8-14-9-14 ("Local county road and bridge district bond fund; deposits; exemption; use") 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 § 8-14-9-14?
A common citation format is "Indiana Code § 8-14-9-14" (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 § 8-14-9-14 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.