Indiana Code 5-1.5-4-7. Issuance of notes; payment of principal or interest thereon; funding or refunding
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Terms Used In Indiana Code 5-1.5-4-7
- Contract: A legal written agreement that becomes binding when signed.
Sec. 7. The bank may from time to time issue its notes under this article and pay and retire the principal of the notes or pay the interest due thereon or fund or refund the notes from proceeds of bonds or of other notes, or from other funds or money of the bank available for that purpose in accordance with a contract between the bank and the holders of the notes.
As added by P.L.25-1984, SEC.1.