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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
21-34-10-6. Issuance of Bonds Without Approval of the General Assembly; Maximum Amount
Universal Citation:
IN Code § 21-34-10-6 (2022)
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Sec. 6. Bonds may be issued by the board of trustees of a state educational institution without the approval of the general assembly if, after the issuance, the total amount of outstanding bonds issued by the board of trustees of a state educational institution without approval will not exceed two million dollars ($2,000,000). However, the bonds must be approved as provided in section 1 of this chapter.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-17(e).]
As added by P.L.2-2007, SEC.275.
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