15-13-10-7. Bondholder Rights; Enforcement
Sec. 7. (a) A holder of a bond issued under this chapter may, subject to the authorizing resolution or trust agreement: (1) protect and enforce the holder’s rights under the laws of Indiana, the trust agreement, or the resolution authorizing the issuance of the bonds; and (2) enforce and compel the performance of the duties […]
15-13-10-8. Bonds; Not a State or Political Subdivision Obligation
Sec. 8. (a) Bonds issued under this chapter: (1) do not constitute: (A) a debt of the state or of any political subdivision of the state; or (B) a pledge of the faith and credit of the state or of any political subdivision; and (2) are payable solely from the funds pledged for payment of […]
15-13-10-9. Bonds; Legal Investment
Sec. 9. Bonds issued by the commission under this chapter constitute legal investments for: (1) any private trust funds; and (2) the funds of any banks, trust companies, insurance companies, building and loan associations, credit unions, banks of discount and deposit, savings banks, loan and trust and safe deposit companies, rural loan and savings associations, […]
15-13-10-10. Exemption of Interest From Taxes
Sec. 10. Interest paid on bonds issued under this chapter is exempt from taxation for all purposes, except for determining financial institution tax liabilities under IC 6-5.5. [Pre-2008 Recodification Citation: 15-1.5-9-9.] As added by P.L.2-2008, SEC.4. Amended by P.L.79-2017, SEC.64.
15-13-10-11. “Lessor”; Leases
Sec. 11. (a) As used in this section, “lessor” has the meaning set forth for “leasing body” in IC 5-1-1-1. The term includes the Indiana bond bank. (b) The commission may enter into a lease of any property that could be financed with the proceeds of bonds issued under this chapter with a lessor for […]
15-13-12-1. “Committee”
Sec. 1. As used in this chapter, “committee” refers to the committee for agricultural science and heritage established by section 2 of this chapter. As added by P.L.92-2019, SEC.26.
15-13-12-2. Committee Established
Sec. 2. The committee for agricultural science and heritage is established. As added by P.L.92-2019, SEC.26.
15-13-12-3. Duties
Sec. 3. The committee shall provide the commission with advice concerning agricultural education matters. As added by P.L.92-2019, SEC.26.
15-13-12-4. Members
Sec. 4. (a) The committee consists of the following members: (1) The director of the Purdue University cooperative extension service, who shall serve as chairperson of the committee. (2) Two (2) members of the commission, appointed by the chairperson of the commission. (3) Two (2) members of the board, appointed by the presiding officer of […]
15-13-12-5. Minimum Number of Meetings
Sec. 5. The committee shall meet not less than one (1) time per year. As added by P.L.92-2019, SEC.26.