Indiana § 16-22-7-32 Nature of revenue bonds

Indiana Statutes

§ 16-22-7-32 — Nature of revenue bonds

Indiana § 16-22-7-32

Title 16HEALTH

Art. 22COUNTY HOSPITALS

Ch. 7Hospital Building Authorities in County With Hospital

This text of Indiana § 16-22-7-32 (Nature of revenue bonds) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 16-22-7-32 (2026).

Text

The bonds are negotiable instruments under
IC 26-1, and legal investments for private trust funds and the funds of
any banks, trust companies, insurance companies, building and loan
associations, credit unions, banks of discount and deposit, savings
banks, loan and trust safe deposit companies, rural loan and savings
associations, guaranty loan and savings associations, mortgage
guaranty companies, small loan companies, industrial loan and
investment companies, and other financial institutions organized under
Indiana law. The bonds may be registered in the name of the owner as
to principal alone.
[Pre-1993 Recodification Citation:
16-12-20.5-19(b).]

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The bonds are negotiable instruments under
IC 26-1, and legal investments for private trust funds and the funds of
any banks, trust companies, insurance companies, building and loan
associations, credit unions, banks of discount and deposit, savings
banks, loan and trust safe deposit companies, rural loan and savings
associations, guaranty loan and savings associations, mortgage
guaranty companies, small loan companies, industrial loan and
investment companies, and other financial institutions organized under
Indiana law. The bonds may be registered in the name of the owner as
to principal alone.
[Pre-1993 Recodification Citation:
16-12-20.5-19(b).]