8-14.5-6-7. Negotiable instrument nature of bonds or notes

IN Code § 8-14.5-6-7 (2019) (N/A)
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Sec. 7. The bonds or notes, when issued, have all the qualities of negotiable instruments, subject to provisions for registration, under IC 26 and are incontestable in the hands of a bona fide purchaser or owner of the bonds or notes for value.

As added by P.L.68-1988, SEC.12.