Sec. 5. A power granted under this chapter to issue bonds without the specific approval of the general assembly shall not be construed to permit the issuance of the bonds without the specific approvals required under section 1 of this chapter. Bonds issued without the specific approval of the general assembly are not eligible for fee replacement.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-17(d) part.]
As added by P.L.2-2007, SEC.275.
Structure Indiana Code
Chapter 10. Bonds; Review and Approval
21-34-10-1. Bonds; Approval of Budget Committee, Budget Agency, and Governor
21-34-10-2. Actions of General Assembly
21-34-10-3. Issuance of Bonds; Debt Service Reserves; Bond or Reserve Insurance; Other Costs
21-34-10-4. Maximum Amount of Bonds
21-34-10-5. Power to Issue Bonds
21-34-10-6. Issuance of Bonds Without Approval of the General Assembly; Maximum Amount
21-34-10-7. Issuance of Energy Savings Bonds; Limitations; General Assembly Approval
21-34-10-8. Issuance of Bonds Without Approval of the General Assembly for Deferred Expenditures