Indiana Statutes

§ 21-34-6-5 — Additional bonds; terms and conditions of issuance

Indiana·Title 21 HIGHER EDUCATION·Art. 34 STATE EDUCATIONAL INSTITUTIONS:·Ch. 6 Issuance of Bonds

Additional bonds:

(1)shall be issued on the terms and conditions that the board of trustees of the issuing state educational institution determines; and
(2)may be:
(A)secured equally and ratably, without preference, priority, or distinction, with the original issue of bonds; or
(B)made junior to the original issue of bonds. [Pre-2007 Higher Education Recodification Citation: 20-12-6-6(d).]

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Legislative History

As added by P.L.2-2007, SEC.275.

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Repealed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"
§ 21-12-1-6
"Commission"
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