LegalFix
Sign In

21-35-6-9. Resolution and indenture for bonds; contents

IN Code § 21-35-6-9 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 9. The resolution or the indenture for bonds authorized under this chapter may include:

(1) provisions for protecting and enforcing the rights and remedies of the holders of the bonds being issued;

(2) covenants setting forth the duties of Vincennes University and its officers in relation to the acquisition, construction, operation, maintenance, use, abandonment, insurance to be carried on its property, and the maintenance of fees and charges to be collected on account of its property;

(3) provisions for the custody, safeguarding, application of all money, and the rights and remedies of the trustee and the holders of the bonds being issued;

(4) provisions for the issuance of additional bonds as provided in the resolution or indenture; and

(5) other terms, conditions, limitations, and covenants as the board of trustees of Vincennes University considers proper.

[Pre-2007 Higher Education Recodification Citation: 23-13-18-17(c).]

As added by P.L.2-2007, SEC.276.

Previous Section
21-35-6-8. Bonds; form; terms and conditions; rates of interest
Next Section
21-35-6-10. Public sale of bonds