Indiana Statutes

§ 21-32-3-4 — Notice of sale of bond

Indiana·Title 21 HIGHER EDUCATION·Art. 32 STATE EDUCATIONAL INSTITUTIONS: BONDS·Ch. 3 Sale of Bonds
(a)This section applies when notice is given under section 3 of this chapter for a public sale.
(b)The treasurer of the state educational institution:
(1)shall cause each person furnishing the information required under section 3(c) of this chapter to be notified of the date and time bids will be received at least twenty-four (24) hours before the date and time;
(2)shall give the notification under subdivision (1):
(A)by telephone at the number furnished by the person; and
(B)by telex if the person furnishes a telex number; and
(3)may not receive bids for more than ninety (90) days after the first publication of the notice of intent to sell bonds. [Pre-2007 Higher Education Recodification Citation: 4-1-5-1(b) part.]

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Legislative History

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

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