Ind. Code § 14-27-5-10

Current through P.L. 171-2024

Section 14-27-5-10 - Offer of bond issue for sale to federal agency

If the board of directors:

(1) decides not to enter into a loan agreement with a federal agency by installment note or series of notes; and

(2) instead prepares a bond issue, in whole or in part;

the board of directors may offer the bond issue for sale to a federal agency without a public offering or the securing of competitive bids on the bond offering.

IC 14-27-5-10

Pre-1995 Recodification Citation: 13-2-29-1(d).

As added by P.L. 1-1995, SEC.20.