Indiana Statutes

§ 21-32-3-2 — Sale of bonds; value

Indiana § 21-32-3-2
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 32STATE EDUCATIONAL INSTITUTIONS: BONDS
Ch. 3Sale of Bonds

This text of Indiana § 21-32-3-2 (Sale of bonds; value) 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 § 21-32-3-2 (2026).

Text

A state educational institution may not sell bonds:

(1)for less than ninety percent (90%); or
(2)with an underwriter's discount that exceeds three percent (3%); of the par value of the bonds. [Pre-2007 Higher Education Recodification Citation: 4-1-5-1(a) part.]

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Legislative History

As added by P.L.2-2007, SEC.273.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
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"Commission"
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Bluebook (online)
Indiana § 21-32-3-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-32-3-2.