Indiana Code
Chapter 3. Sale of Bonds
21-32-3-2. Sale of Bonds; Value

Sec. 2. A state educational institution may not sell bonds:
(1) for less than ninety percent (90%); or
(2) with an underwriter's discount that exceeds three percent (3%);
of the par value of the bonds.
[Pre-2007 Higher Education Recodification Citation: 4-1-5-1(a) part.]
As added by P.L.2-2007, SEC.273.

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