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2022 Indiana Code
Title 21. Higher Education
Article 34. State Educational Institutions: Acquisition and Improvement of Building Facilities and Equipment; Bonds
Chapter 10. Bonds; Review and Approval
21-34-10-4. Maximum Amount of Bonds
Universal Citation:
IN Code § 21-34-10-4 (2022)
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Sec. 4. Bonds, regardless of when the amount of bonds is approved by the general assembly, may be issued in an amount not exceeding the sum of the following:
(1) The amount of bonds approved by the general assembly.
(2) The amounts described in section 3 of this chapter.
(3) The amount of the discount below par value, if bonds are sold at a price below par value under IC 21-32-3-2.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-17(c).]
As added by P.L.2-2007, SEC.275. Amended by P.L.3-2008, SEC.140.
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