§ 8-1-13-14 — Obligations; covenants or agreements

In connection with the issuance of any
obligations, a corporation may make such covenants or agreements and
do any and all such acts and things as may be necessary or convenient
or desirable in order to secure its obligations or which, in the absolute
discretion of the board tend to make the obligations more marketable,
notwithstanding that such covenants, agreements, acts and things may
constitute a limitation on the exercise of the powers granted under this
chapter.
Formerly: Acts 1935, c.175, s.14. As amended by P.L.136-2018,
SEC.68.