76.7 - PARTICULAR BONDS AFFECTED -- PAYMENT.
76.7 PARTICULAR BONDS AFFECTED -- PAYMENT.
Counties, cities and school corporations may at any time or times
extend or renew any legal indebtedness or any part thereof they may
have represented by bonds or certificates where such indebtedness is
payable from a limited annual tax or from a voted annual tax, and may
by resolution fund or refund the same and issue bonds therefor
running not more than twenty years to be known as funding or
refunding bonds, and make provision for the payment of the principal
and interest thereof from the proceeds of an annual tax for the
period covered by such bonds similar to the tax authorized by law or
by the electors for the payment of the indebtedness so extended or
renewed. Section History: Early Form
[C46, 50, 54, 58, 62, 66, 71, 73, 75, 77, 79, 81, § 76.7]
Referred to in § 76.9