Indiana § 5-1.4-8-1 Purchase of securities offered by qualified entity; private sale; issuance
of bonds or notes for purpose of purchase

Indiana Statutes

§ 5-1.4-8-1 — Purchase of securities offered by qualified entity; private sale; issuance of bonds or notes for purpose of purchase

Indiana § 5-1.4-8-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.4LOCAL PUBLIC IMPROVEMENT BOND BANKS

Ch. 8Purchase of Securities of Qualified Entities

This text of Indiana § 5-1.4-8-1 (Purchase of securities offered by qualified entity; private sale; issuance of bonds or notes for purpose of purchase) 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 § 5-1.4-8-1 (2026).

Text

The bank, to carry out the purposes and policies
of this article, may purchase securities offered by a qualified entity.
Notwithstanding any law to the contrary, a qualified entity may sell its
securities to the bank at a negotiated, private sale. The bank, for this
purpose, may issue its bonds and notes payable solely from the
revenues or funds available to the bank for such payment and may
otherwise assist qualified entities as provided in this article.

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The bank, to carry out the purposes and policies
of this article, may purchase securities offered by a qualified entity.
Notwithstanding any law to the contrary, a qualified entity may sell its
securities to the bank at a negotiated, private sale. The bank, for this
purpose, may issue its bonds and notes payable solely from the
revenues or funds available to the bank for such payment and may
otherwise assist qualified entities as provided in this article.