Ind. Code § 21-34-6-5

Current through P.L. 171-2024
Section 21-34-6-5 - Additional bonds; terms and conditions of issuance

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.

IC 21-34-6-5

Pre-2007 Higher Education Recodification Citation: 20-12-6-6(d).

As added by P.L. 2-2007, SEC.275.