21-34-10-2. Actions of General Assembly
Sec. 2. (a) Except: (1) for grant anticipation notes; and (2) as provided in this chapter; no bonds shall be issued for a project by the board of trustees of a state educational institution under this article unless the general assembly has taken the actions described in subsection (b). (b) As a condition of issuing […]
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.
21-34-8-3. Tax Exemption
Sec. 3. All: (1) the: (A) property acquired under authority of this article or used for the purposes provided for in this article; and (B) income from property described in clause (A); are exempt from all taxation in Indiana; and (2) bonds issued under the authority of this article, the interest on the bonds, and […]
21-34-10-3. Issuance of Bonds; Debt Service Reserves; Bond or Reserve Insurance; Other Costs
Sec. 3. In addition to and in connection with the amount of bonds that may be issued by a state educational institution for a specific project as provided in section 2(b)(2) of this chapter, the board of trustees of a state educational institution may also issue bonds in amounts necessary to provide funds for: (1) […]
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 […]
21-34-8-4. Investments; Deposits
Sec. 4. Any bonds issued under the provisions of this article are: (1) eligible investments for the funds of any kind or character of every financial institution, insurance company, or private trust; and (2) eligible for deposit by any financial institution, insurance company, or trustee under any Indiana law providing for the deposit of securities […]
21-34-10-4. Maximum Amount of Bonds
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 […]
21-34-10-5. Power to Issue Bonds
Sec. 5. A power granted under this chapter to issue bonds without the specific approval of the general assembly shall not be construed to permit the issuance of the bonds without the specific approvals required under section 1 of this chapter. Bonds issued without the specific approval of the general assembly are not eligible for […]
21-34-10-6. Issuance of Bonds Without Approval of the General Assembly; Maximum Amount
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 […]
21-34-9-1. Issuance of Bonds; Contracts; Fees; Approval of Budget Agency and Governor
Sec. 1. Except as provided by this chapter, contracts to: (1) acquire land for or to construct, purchase, lease, sublease, or otherwise acquire; or (2) engage architectural or engineering services in connection with; any building facilities to be financed in whole or in part by the issuance of bonds under this article or by student […]