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

Indiana Statutes

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

Indiana·Title 16 HEALTH·Art. 22 COUNTY HOSPITALS·Ch. 7 Hospital Building Authorities in County With Hospital

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).]

Indiana § 16-22-7-32 (Nature of revenue bonds) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.