Indiana § 16-22-7-34 Terms of bond sale

Indiana Statutes

§ 16-22-7-34 — Terms of bond sale

Indiana § 16-22-7-34

Title 16HEALTH

Art. 22COUNTY HOSPITALS

Ch. 7Hospital Building Authorities in County With Hospital

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Bluebook

Ind. Code § 16-22-7-34 (2026).

Text

The bonds shall be sold by the board at
public sale in the manner described under IC 5-1-11-3(c). However, the
bonds may not be sold for less than the bonds' par value. Notice of sale
shall be published in the manner required for bonds of a county. Any
premium received from the sale of the bonds shall be used solely for
the payment of principal and interest on the bonds.
[Pre-1993 Recodification Citation:
16-12-20.5-19(d).]

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The bonds shall be sold by the board at
public sale in the manner described under IC 5-1-11-3(c). However, the
bonds may not be sold for less than the bonds' par value. Notice of sale
shall be published in the manner required for bonds of a county. Any
premium received from the sale of the bonds shall be used solely for
the payment of principal and interest on the bonds.
[Pre-1993 Recodification Citation:
16-12-20.5-19(d).]