Ind. Code § 21-35-2-14
Maximum amount of bonds
Indiana · Indiana Code Title 21 — Higher Education · Status: effective
Cite this
- Citation
- Ind. Code § 21-35-2-14, Maximum amount of bonds, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1648944
- Permanent ID
ys:prov:1648944@1- SHA-256
0a3da275f66314156d756908d91d85078bad67eca8ce36b2bd4c038bfa82529d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
Sec. 14. Bonds may be issued for the amount or amounts as the board of trustees determines. However, these amounts may not exceed:
(1) the total estimated cost of acquiring, erecting, constructing, remodeling, renovating, completing, equipping, and furnishing any property as the respective trustees determine the cost to be; plus
(2) incidental expenses, financing costs, underwriter's discount, funded or capitalized interest, municipal bond insurance premiums, or funding debt service reserve funds from bond proceeds.