Sec. 5. Additional bonds:
(1) shall be issued on the terms and conditions that the board of trustees of the issuing state educational institution determines; and
(2) may be:
(A) secured equally and ratably, without preference, priority, or distinction, with the original issue of bonds; or
(B) made junior to the original issue of bonds.
[Pre-2007 Higher Education Recodification Citation: 20-12-6-6(d).]
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