§ 21-35-6-1 Applicability of chapter
§ 21-35-6-2 Applicable property
§ 21-35-6-3 Issuance and sale of bonds
§ 21-35-6-4 Security of bonds
§ 21-35-6-5 Liens
§ 21-35-6-6 Authority to exchange funding or refund bonds
§ 21-35-6-7 Maximum amount of bonds
§ 21-35-6-8 Bonds; form; terms and conditions; rates of interest
§ 21-35-6-9 Resolution and indenture for bonds; contents
§ 21-35-6-10 Public sale of bonds
§ 21-35-6-11 Actions to contest validity of bonds
§ 21-35-6-12 Bonds; notice of sale
§ 21-35-6-13 Bonds; rates of interest
§ 21-35-6-14 Bonds and coupons; seal
§ 21-35-6-15 Bonds; eligible investments
§ 21-35-6-16 Liability of institution limited
§ 21-35-6-17 Tax exemption
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Terms Used In Indiana Code > Title 21 > Article 35 > Chapter 6 - Revenue Bonds; Vincennes University

  • Contract: A legal written agreement that becomes binding when signed.
  • Fixed Rate: Having a "fixed" rate means that the APR doesn't change based on fluctuations of some external rate (such as the "Prime Rate"). In other words, a fixed rate is a rate that is not a variable rate. A fixed APR can change over time, in several circumstances:
    • You are late making a payment or commit some other default, triggering an increase to a penalty rate
    • The bank changes the terms of your account and you do not reject the change.
    • The rate expires (if the rate was fixed for only a certain period of time).
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • Trustee: A person or institution holding and administering property in trust.
  • Variable Rate: Having a "variable" rate means that the APR changes from time to time based on fluctuations in an external rate, normally the Prime Rate. This external rate is known as the "index." If the index changes, the variable rate normally changes. Also see Fixed Rate.