Sec. 4. Bonds, regardless of when the amount of bonds is approved by the general assembly, may be issued in an amount not exceeding the sum of the following: (1) The amount of bonds approved by the general assembly. (2) The amounts described in section 3 of this chapter. (3) The amount of the discount below par value, if bonds are sold at a price below par value under IC 21-32-3-2 . [Pre-2007 Higher Education Recodification Citation: 20-12-6-17(c).]
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.