Sec. 1. The board of trustees of a state educational institution may borrow money and evidence the loans by the issuance and sale of bonds of the board of trustees of the state educational institution to provide funds with which to:
(1) pay part or all of the cost of any building facility, work, act, or undertaking authorized by IC 21-34-2, IC 21-34-3-1, or IC 21-34-3-3;
(2) pay part or all of the cost of acquiring (by purchase, lease, sublease, condemnation, trade, or otherwise) or improving real or personal property under IC 21-34-3-4; or
(3) perform the obligations of any joint-use agreements under IC 21-34-4.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-6(a) part.]
As added by P.L.2-2007, SEC.275.
Structure Indiana Code
21-34-6-1. Issuance and Sale of Bonds
21-34-6-4. Issuance of Bonds; Limitations on Amount
21-34-6-5. Additional Bonds; Terms and Conditions of Issuance
21-34-6-6. Issuance of Bonds; Refunding and Advance Refunding Bonds; Purpose
21-34-6-8. Maximum Amount of Bonds
21-34-6-9. Form; Terms; Conditions of Bonds
21-34-6-10. Resolutions and Indenture for Bonds
21-34-6-11. Public Sale of Bonds
21-34-6-12. Bonds and Interest Coupons
21-34-6-13. Actions to Contest the Validity of Bonds
21-34-6-14. Rates of Interest of Bonds
21-34-6-15. Payment of Interest
21-34-6-16. Mandatory Redemption