Indiana § 5-1.2-8-11 Mortgages

Indiana Statutes

§ 5-1.2-8-11 — Mortgages

Indiana § 5-1.2-8-11

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 8Educational Facility Financing

This text of Indiana § 5-1.2-8-11 (Mortgages) 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 § 5-1.2-8-11 (2026).

Text

The authority may mortgage all or any part of:

(1)any educational facility project and any other educational facilities conveyed to the authority for an educational purpose; and

(2)the site or sites of the facilities, whether presently owned or subsequently acquired; for the benefit of the holders of the bonds of the authority issued to finance an educational facility project or any portion of an educational facility project or issued to refund or refinance outstanding indebtedness of a nonprofit college or university as permitted by this chapter.

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The authority may mortgage all or any part
of:
(1) any educational facility project and any other educational
facilities conveyed to the authority for an educational purpose;
and
(2) the site or sites of the facilities, whether presently owned or
subsequently acquired;
for the benefit of the holders of the bonds of the authority issued to
finance an educational facility project or any portion of an educational
facility project or issued to refund or refinance outstanding
indebtedness of a nonprofit college or university as permitted by this
chapter.