Ind. Code § 21-35-2-13

Current through P.L. 171-2024
Section 21-35-2-13 - Liens

The lien of the pledge or mortgage, to the extent of the lien, as:

(1) determined and provided by the board of trustees; and
(2) authorized under this chapter;

is a first and primary lien for the payment of the bonds secured and the interest on the bonds.

IC 21-35-2-13

Pre-2007 Higher Education Recodification Citation: 20-12-7-2(b).

As added by P.L. 2-2007, SEC.276.