§ 21-35-6-9 — Resolution and indenture for bonds; contents

The resolution or the indenture for bonds
authorized under this chapter may include:
(1) provisions for protecting and enforcing the rights and
remedies of the holders of the bonds being issued;
(2) covenants setting forth the duties of Vincennes University and
its officers in relation to the acquisition, construction, operation,
maintenance, use, abandonment, insurance to be carried on its
property, and the maintenance of fees and charges to be collected
on account of its property;
(3) provisions for the custody, safeguarding, application of all
money, and the rights and remedies of the trustee and the holders
of the bonds being issued;
(4) provisions for the issuance of additional bonds as provided in
the resolution or indenture; and
(5) other terms, conditions, limitations, and covenants as the
board of trustees of Vincennes University considers proper.
[Pre-2007 Higher Education Recodification Citation:
23-13-18-17(c).]

Legislative History

As added by P.L.2-2007, SEC.276.