Sec. 12. Whenever the treasurer redeems a warrant on which interest is due, the treasurer shall note on the warrant the amount of interest the treasurer pays on it and shall enter that amount, distinct from the principal, on the treasurer's account.
Ind. Code § 36-2-10-12
Redemption of warrant; notation of interest
As added by Acts 1980, P.L.212, SEC.1
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.