Sec. 5. Subject to the provisions of any agreement with its holders, the bank may combine a reserve fund established for an issue of bonds or notes into one (1) or more reserve funds.
As added by P.L.25-1984, SEC.1. Amended by P.L.43-1985, SEC.22.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.5. Indiana Bond Bank
5-1.5-5-1. Establishment; Application of Funds; Required Debt Service Reserve; Excess Money
5-1.5-5-2. Investment of Funds
5-1.5-5-3. Valuation of Investments
5-1.5-5-5. Combining Reserve Funds
5-1.5-5-6. Certain Qualified Entities; Debt Service Reserve Appropriations Not Available