Sec. 14. The rate or rates of interest of bonds may be fixed or variable. Variable rates shall be determined in the manner and in accordance with the procedures set forth in the resolution or indenture authorizing the issuance of the bonds. Bonds bearing a variable rate of interest may be converted to bonds bearing a fixed rate or rates of interest to the extent and in the manner set forth in the resolution or indenture under which the bonds are issued.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-7(h) 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