Additional bonds; terms and conditions of issuance

Ind. Code § 21-34-6-5
in effect
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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.
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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