Indiana Statutes

§ 21-35-4-8 — Bonds for a project; principal and interest

Indiana § 21-35-4-8
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 35STATE EDUCATIONAL INSTITUTIONS:
Ch. 4Indiana State University; Dormitories

This text of Indiana § 21-35-4-8 (Bonds for a project; principal and interest) 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 § 21-35-4-8 (2026).

Text

The principal and interest of the bonds for a project, when sold, are a primary, fixed charge against the net income of the project being constructed and erected. The net income must be applied by the board of trustees in payment of the principal and interest of the bonds as the principal and interest become due until full and final payment of all of the bonds and interest is made. [Pre-2007 Higher Education Recodification Citation: 20-12-53-1(a) part.]

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Legislative History

As added by P.L.2-2007, SEC.276. Amended by P.L.3-2008, SEC.141.

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Repealed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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Bluebook (online)
Indiana § 21-35-4-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-35-4-8.