Indiana Code 21-35-6-9. Resolution and indenture for bonds; contents
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Sec. 9. The resolution or the indenture for bonds authorized under this chapter may include:
(2) covenants setting forth the duties of Vincennes University and its officers in relation to the acquisition, construction, operation, maintenance, use, abandonment, insurance to be carried on its property, and the maintenance of fees and charges to be collected on account of its property;
(1) provisions for protecting and enforcing the rights and remedies of the holders of the bonds being issued;
Terms Used In Indiana Code 21-35-6-9
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- Trustee: A person or institution holding and administering property in trust.
(3) provisions for the custody, safeguarding, application of all money, and the rights and remedies of the trustee and the holders of the bonds being issued;
(4) provisions for the issuance of additional bonds as provided in the resolution or indenture; and
(5) other terms, conditions, limitations, and covenants as the board of trustees of Vincennes University considers proper.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-17(c).]
As added by P.L.2-2007, SEC.276.