Sec. 32. The bonds are negotiable instruments under IC 26-1, and legal investments for private trust funds and the funds of any banks, trust companies, insurance companies, building and loan associations, credit unions, banks of discount and deposit, savings banks, loan and trust safe deposit companies, rural loan and savings associations, guaranty loan and savings associations, mortgage guaranty companies, small loan companies, industrial loan and investment companies, and other financial institutions organized under Indiana law. The bonds may be registered in the name of the owner as to principal alone.
[Pre-1993 Recodification Citation: 16-12-20.5-19(b).]
As added by P.L.2-1993, SEC.5. Amended by P.L.42-1993, SEC.15.
Structure Indiana Code
Chapter 7. Hospital Building Authorities in County With Hospital Operated Under Ic 16-23-1
16-22-7-2. Governing Body Defined
16-22-7-3. Net Operating Revenue Defined
16-22-7-4. Recording Officer Defined
16-22-7-5. Creation of Authority; Resolution
16-22-7-6. Governing Board; Appointment; Terms
16-22-7-7. Disqualification or Removal of Appointee; Successor
16-22-7-8. Oath of Office of Director
16-22-7-9. Removal of Member From Office
16-22-7-10. Meetings of the Governing Board
16-22-7-11. Bylaws, Rules, and Regulations
16-22-7-12. Quorum; Reimbursement of Expenses
16-22-7-13. Conflicts of Interest
16-22-7-14. Preliminary Expenses
16-22-7-15. Authority to Finance and Construct Hospital Building
16-22-7-16. Powers of Governing Board
16-22-7-17. Leasing Land and Buildings for Hospital
16-22-7-18. Time for Making Leases
16-22-7-19. Source of Lease Rental Payments
16-22-7-20. Cumulative Building Fund as Lease Rental Payment Source
16-22-7-21. Notice and Hearing on Proposed Lease
16-22-7-22. Authorization and Execution of Lease
16-22-7-24. Notice and Hearing on Objections
16-22-7-25. Time to Contest or Enjoin Lease
16-22-7-28. Approval of Plans and Specifications
16-22-7-30. Sale of Land to Authority by Hospital, Municipality, or County
16-22-7-31. Issuance of Revenue Bonds by Authority
16-22-7-32. Nature of Revenue Bonds
16-22-7-33. Execution of Bonds
16-22-7-34. Terms of Bond Sale
16-22-7-35. Disposition of Bond Proceeds
16-22-7-36. Security for Bonds; Trust Indenture
16-22-7-37. Tax Levy for Lease Rental Payments
16-22-7-38. Lease Rentals Payable Solely From Hospital Revenues
16-22-7-39. Exemptions From State Taxation
16-22-7-40. Audit of Funds; Bond of Officers and Employees
16-22-7-41. Liquidation of Authority
16-22-7-42. Remodeling and Additions to Hospital
16-22-7-43. Party Wall or Other Agreements for Attaching Additions