Sec. 15. Interest may be:
(1) payable semiannually, annually, or at any other interval or intervals as may be provided in the resolution or indenture; or
(2) compounded and paid at maturity or at any other times as specified in the resolution or indenture.
[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