Indiana Statutes

§ 21-35-4-9 — Net income of project; principal and interest on bond

Indiana § 21-35-4-9
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 35STATE EDUCATIONAL INSTITUTIONS:
Ch. 4Indiana State University; Dormitories

This text of Indiana § 21-35-4-9 (Net income of project; principal and interest on bond) 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 § 21-35-4-9 (2026).

Text

If the net income of a project in any year is not sufficient to meet the total amount of the principal and interest on the bonds that fall due in the year, the board of trustees may pay the balance of the principal and interest falling due in the year out of any other revenues and funds of Indiana State University that are available to pay the principal and interest. [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.

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Repealed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 § 21-35-4-9, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-35-4-9.