Trust indenture to secure bonds

Ind. Code § 13-26-10-13
in effect
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Sec. 13. The board may secure the revenue bonds by a trust indenture by and between the district and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside Indiana. However, a trust indenture may not convey or mortgage all or any part of the works. [Pre-1996 Recodification Citation: 13-3-2-19(a).] As added by P.L.1-1996, SEC.16.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/13Fetched: 10/17/2026

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