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Ind. Code § 13-21-7-8

Proceeds from sale of bonds; use of funds

Indiana · Indiana Code Title 13 — Environment · Status: effective

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Ind. Code § 13-21-7-8, Proceeds from sale of bonds; use of funds, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1632063
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Sec. 8. All proceeds from the sale of waste management district bonds shall be kept as a separate and specific fund to pay the cost of the facility, and none of the proceeds may be used for any other purpose, except as provided in IC 5-1-13 and IC 5-1-14. However, money derived from sources other than the waste management district bond proceeds, such as state or federal grants or other contributions, are not restricted as to application even if the contribution arises for a project financed from waste management district bond proceeds.