Indiana § 8-16-2-8 - Receipts from bond sale

Full text of Indiana Indiana Code § 8-16-2-8 — Receipts from bond sale, with citation guidance and answers to common questions.

§ 8-16-2-8. Receipts from bond sale

Sec. 8. Upon receipt by the treasurer of state of the state of Indiana of the proceeds of the sale of any such county bonds as may be issued hereunder, such proceeds shall become a part of the state highway funds, subject only to the provisions and limitations as to repayment thereof in this chapter contained, and the department shall thereupon construct such bridge and the cost thereof shall be paid out of state highway funds.

Formerly: Acts 1927, c.10, s.8. As amended by Acts 1980, P.L.74, SEC.283.

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

Frequently Asked Questions About Indiana § 8-16-2-8

What does Indiana Code § 8-16-2-8 cover?

Section 8-16-2-8 ("Receipts from bond sale") 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 § 8-16-2-8?

A common citation format is "Indiana Code § 8-16-2-8" (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 § 8-16-2-8 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.