Ind. Code § 21-34-6-5
Additional bonds; terms and conditions of issuance
Indiana · Indiana Code Title 21 — Higher Education · Status: effective
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- Ind. Code § 21-34-6-5, Additional bonds; terms and conditions of issuance, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1648879
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Full text
Sec. 5. Additional bonds:
(1) shall be issued on the terms and conditions that the board of trustees of the issuing state educational institution determines; and
(2) may be:
(A) secured equally and ratably, without preference, priority, or distinction, with the original issue of bonds; or
(B) made junior to the original issue of bonds.