Ind. Code § 13-26-10-13

Current through P.L. 171-2024

Section 13-26-10-13 - Trust indenture to secure bonds

The board may secure the revenue bonds by a trust indenture by and between the district and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside Indiana. However, a trust indenture may not convey or mortgage all or any part of the works.

IC 13-26-10-13

Pre-1996 Recodification Citation: 13-3-2-19(a).

As added by P.L. 1-1996, SEC.16.