Indiana § 21-34-10-4 Maximum amount of bonds

Indiana Statutes

§ 21-34-10-4 — Maximum amount of bonds

Indiana § 21-34-10-4

Title 21HIGHER EDUCATION

Art. 34STATE EDUCATIONAL INSTITUTIONS:

Ch. 10Bonds; Review and Approval

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Bluebook

Ind. Code § 21-34-10-4 (2026).

Text

Bonds, regardless of when the amount of bonds is approved by the general assembly, may be issued in an amount not exceeding the sum of the following:

(1)The amount of bonds approved by the general assembly.

(2)The amounts described in section 3 of this chapter.

(3)The amount of the discount below par value, if bonds are sold at a price below par value under IC 21-32-3-2. [Pre-2007 Higher Education Recodification Citation: 20-12-6-17(c).]

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Bonds, regardless of when the amount of
bonds is approved by the general assembly, may be issued in an
amount not exceeding the sum of the following:
(1) The amount of bonds approved by the general assembly.
(2) The amounts described in section 3 of this chapter.
(3) The amount of the discount below par value, if bonds are sold
at a price below par value under IC 21-32-3-2.
[Pre-2007 Higher Education Recodification Citation:
20-12-6-17(c).]