By resolution, the Board may provide that the State bonds authorized by an enabling act:
(1) be in 1 or more series;
(2) bear a certain date of issue;
(3) be executed in a certain manner;
(4) be sold in a certain manner at public or private, negotiated sale;
(5) be in certain denominations, not necessarily in equal paramounts;
(6) mature in certain amounts at certain times, not necessarily in consecutive annual installments, but not later than 15 years after their respective dates of issue;
(7) bear interest at certain rates or at rates to be determined in the manner stated in the resolution; and
(8) be paid, as to principal and interest, at certain places.
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