5-1.5-9-6. Financial Institution to Keep and Pay Over Funds Deposited With It
Sec. 6. A financial institution may give to the bank a good and sufficient undertaking with such sureties as are approved by the bank to the effect that the financial institution shall faithfully keep and pay over to the order of or upon the warrant of the bank or its authorized agent all those funds […]
5-1.5-9-7. Contracts or Agreements With Financial Institutions; Care, Custody, or Safekeeping of Securities; Services Connected With Payment or Collection of Interest or Principal
Sec. 7. The board may enter into agreements or contracts with a financial institution inside or outside the state as may be necessary, desirable, or convenient in the opinion of the board for rendering services in connection with the care, custody, or safekeeping of securities or other investments held or owned by the bank, for […]
5-1.5-9-8. Financial Institutions and Fiduciaries; Investment in Bonds and Notes
Sec. 8. Notwithstanding the restrictions of any other law, all financial institutions, investment companies, insurance companies, insurance associations, executors, administrators, guardians, trustees, and other fiduciaries may legally invest sinking funds, money, or other funds belonging to them or within their control in bonds or notes issued under this article. As added by P.L.25-1984, SEC.1.
5-1.5-9-9. Nature of Bank Property; Bonds or Notes Issued; Interest and Proceeds Received; Tax Exemption
Sec. 9. All property of the bank is public property devoted to an essential public and governmental function and purpose and is exempt from all taxes and special assessments, direct or indirect, of the state or a political subdivision of the state. All bonds or notes issued under this article are issued by a body […]
5-1.5-9-10. Officers, Departments, etc., of the State to Render Services to Bank; Costs and Expenses
Sec. 10. All officers, departments, boards, agencies, divisions, and commissions of the state shall render services to the bank that are within the area of their respective governmental functions and that may be requested by the board and must comply promptly with any reasonable request by the board relating to the making of a study […]
5-1.5-9-11. Pledges of Revenues or Other Money
Sec. 11. A pledge of revenues or other money made by the bank is binding from the time the pledge is made. Revenues or other money so pledged and thereafter received by the bank are immediately subject to the lien of the pledge without any further act, and the lien of a pledge is binding […]
5-1.5-9-12. Securities; Registration Requirements; Exemption
Sec. 12. All securities issued under this article are exempt from the registration requirements of IC 23-19 and other securities registration statutes. As added by P.L.1-1990, SEC.48. Amended by P.L.27-2007, SEC.4.
5-1.5-8-5.1. Authorization to Convey Revenue or Taxes to Issuing Entity
Sec. 5.1. (a) The following definitions apply throughout this section: (1) “Assignment agreement” means an agreement between a qualified entity and the issuing entity for the conveyance of all or part of any revenues or taxes received by the qualified entity from a disbursement agent. (2) “Conveyance” means an assignment, sale, transfer, or other conveyance. […]
5-1.5-8-6. Repealed
As added by P.L.25-1984, SEC.1. Repealed by P.L.43-1985, SEC.28.
5-1.5-8-6.1. Anticipation Notes; Issuance and Purchase
Sec. 6.1. (a) Notwithstanding any law applicable to a qualified entity concerning the issuance of bonds, a qualified entity that has complied with all statutory requirements for the issuance of its bonds may, in lieu of issuing bonds at that time and without the need for complying with any other law applicable to the issuance […]