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21-34-6-1. Issuance and Sale of Bonds

Sec. 1. The board of trustees of a state educational institution may borrow money and evidence the loans by the issuance and sale of bonds of the board of trustees of the state educational institution to provide funds with which to: (1) pay part or all of the cost of any building facility, work, act, […]

21-34-6-1. Issuance and Sale of Bonds

Sec. 1. The board of trustees of a state educational institution may borrow money and evidence the loans by the issuance and sale of bonds of the board of trustees of the state educational institution to provide funds with which to: (1) pay part or all of the cost of any building facility, work, act, […]

21-34-6-10. Resolutions and Indenture for Bonds

Sec. 10. A resolution or indenture for bonds may include provisions for: (1) protecting and enforcing the rights and remedies of the holders of the bonds being issued; (2) covenants setting forth the duties of the state educational institution and its officers in relation to: (A) the acquisition, construction, operation, maintenance, use, and abandonment of […]

21-34-6-10. Resolutions and Indenture for Bonds

Sec. 10. A resolution or indenture for bonds may include provisions for: (1) protecting and enforcing the rights and remedies of the holders of the bonds being issued; (2) covenants setting forth the duties of the state educational institution and its officers in relation to: (A) the acquisition, construction, operation, maintenance, use, and abandonment of […]

21-34-6-11. Public Sale of Bonds

Sec. 11. Bonds must be sold at public or negotiated sale as provided by IC 21-32-3. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(d).] As added by P.L.2-2007, SEC.275.

21-34-6-11. Public Sale of Bonds

Sec. 11. Bonds must be sold at public or negotiated sale as provided by IC 21-32-3. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(d).] As added by P.L.2-2007, SEC.275.

21-34-6-12. Bonds and Interest Coupons

Sec. 12. All bonds and the interest coupons appertaining to bonds issued under this article must be negotiable instruments within the meaning and for all purposes under Indiana laws, subject only to the provisions of the bonds for registration as to principal or as to principal and interest. Any bonds registered as to principal and […]

21-34-6-12. Bonds and Interest Coupons

Sec. 12. All bonds and the interest coupons appertaining to bonds issued under this article must be negotiable instruments within the meaning and for all purposes under Indiana laws, subject only to the provisions of the bonds for registration as to principal or as to principal and interest. Any bonds registered as to principal and […]

21-34-6-13. Actions to Contest the Validity of Bonds

Sec. 13. (a) An action to contest the validity of any bonds issued under this article may not be brought after the fifteenth day following: (1) the first publication of notice of the sale or intent to sell the bonds under IC 21-32-3 if the bonds are sold at public sale; or (2) the publication […]

21-34-6-13. Actions to Contest the Validity of Bonds

Sec. 13. (a) An action to contest the validity of any bonds issued under this article may not be brought after the fifteenth day following: (1) the first publication of notice of the sale or intent to sell the bonds under IC 21-32-3 if the bonds are sold at public sale; or (2) the publication […]

21-34-6-14. Rates of Interest of Bonds

Sec. 14. The rate or rates of interest of bonds may be fixed or variable. Variable rates shall be determined in the manner and in accordance with the procedures set forth in the resolution or indenture authorizing the issuance of the bonds. Bonds bearing a variable rate of interest may be converted to bonds bearing […]

21-34-6-14. Rates of Interest of Bonds

Sec. 14. The rate or rates of interest of bonds may be fixed or variable. Variable rates shall be determined in the manner and in accordance with the procedures set forth in the resolution or indenture authorizing the issuance of the bonds. Bonds bearing a variable rate of interest may be converted to bonds bearing […]

21-34-6-15. Payment of Interest

Sec. 15. Interest may be: (1) payable semiannually, annually, or at any other interval or intervals as may be provided in the resolution or indenture; or (2) compounded and paid at maturity or at any other times as specified in the resolution or indenture. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(h) part.] As added by P.L.2-2007, […]

21-34-6-15. Payment of Interest

Sec. 15. Interest may be: (1) payable semiannually, annually, or at any other interval or intervals as may be provided in the resolution or indenture; or (2) compounded and paid at maturity or at any other times as specified in the resolution or indenture. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(h) part.] As added by P.L.2-2007, […]

21-34-6-16. Mandatory Redemption

Sec. 16. Bonds may be made subject, at the option of the holders, to mandatory redemption by the board of trustees of the state educational institution at the times and under the circumstances set forth in the authorizing resolution or indenture. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(i).] As added by P.L.2-2007, SEC.275.

21-34-6-16. Mandatory Redemption

Sec. 16. Bonds may be made subject, at the option of the holders, to mandatory redemption by the board of trustees of the state educational institution at the times and under the circumstances set forth in the authorizing resolution or indenture. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(i).] As added by P.L.2-2007, SEC.275.

21-34-6-17. Resolutions and Indentures

Sec. 17. A resolution or indenture may contain provisions regarding: (1) the investment of money, sale, exchange, or disposal of property; and (2) the manner of authorizing and making payments, notwithstanding IC 5-13 or any general statute relating to these matters. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(j).] As added by P.L.2-2007, SEC.275.

21-34-6-17. Resolutions and Indentures

Sec. 17. A resolution or indenture may contain provisions regarding: (1) the investment of money, sale, exchange, or disposal of property; and (2) the manner of authorizing and making payments, notwithstanding IC 5-13 or any general statute relating to these matters. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(j).] As added by P.L.2-2007, SEC.275.

21-34-6-18. Execution of Bonds and Coupons

Sec. 18. (a) Bonds and coupons appertaining to bonds shall be executed in the name of the issuing state educational institution by the manual or facsimile signatures of the officer or officers of the state educational institution that the board of trustees of the state educational institution designates. (b) One (1) signature on the obligation […]

21-34-6-18. Execution of Bonds and Coupons

Sec. 18. (a) Bonds and coupons appertaining to bonds shall be executed in the name of the issuing state educational institution by the manual or facsimile signatures of the officer or officers of the state educational institution that the board of trustees of the state educational institution designates. (b) One (1) signature on the obligation […]