Indiana Code 21-34-6-9. Form; terms; conditions of bonds
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Sec. 9. Bonds may be issued in the form and upon the terms and conditions, at the rate or rates of interest, and in the denominations that may be made convertible into different denominations as the governing board of the board of trustees of the state educational institution determines by:
(2) approval of a form of trust indenture between the board of trustees of the state educational institution and a designated corporate trustee; or
(1) the adoption of a resolution;
Terms Used In Indiana Code 21-34-6-9
- Trustee: A person or institution holding and administering property in trust.
(3) both subdivisions (1) and (2).
[Pre-2007 Higher Education Recodification Citation: 20-12-6-7(b).]
As added by P.L.2-2007, SEC.275.