Sale of Certain Refunding Bonds

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Sec. 13. A school corporation may:

(1) issue bonds to refund bonds or other obligations that were issued or entered into by a school corporation before that school corporation completed a consolidation or merger under IC 20-23 or any other law; and

(2) sell the bonds at a negotiated, private sale to the Indiana bond bank.

As added by P.L.140-2014, SEC.2.


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