Payment of interest

Ind. Code § 21-34-6-15
in effect
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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.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026

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