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2020 Indiana Code
Title 21. Higher Education
Article 35. State Educational Institutions: Revenue Bonds and Other Financing Arrangements
Chapter 4. Indiana State University; Dormitories
21-35-4-6. Bonds for a Project; Denomination, Maturation, and Interest Rates
Universal Citation: IN Code § 21-35-4-6 (2020)
Sec. 6. Bonds for a project:
(1) may be issued by the board of trustees in the denomination and with the maturities; and
(2) must bear the rate of interest, payable semiannually;
as the board of trustees may fix and determine. However, the bonds may not be sold for less than par.
[Pre-2007 Higher Education Recodification Citation: 20-12-53-1(a) part.]
As added by P.L.2-2007, SEC.276.
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