Authority to Pledge and Assign Security for the Payment of Bonds or Notes

  1. Law
  2. Indiana Code
  3. Higher Education
  4. State Educational Institutions: Bonds and Borrowing
  5. Temporary Borrowings; Loans; Lines of Credit; Credit Facilities
  6. Authority to Pledge and Assign Security for the Payment of Bonds or Notes

Checkout our iOS App for a better way to browser and research.

Sec. 4. A state educational institution may pledge and assign for the benefit of holders of:

(1) temporary obligations; or

(2) a credit facility;

under this chapter any security that the state educational institution may pledge and assign for the payment of bonds or notes under IC 21-34, IC 21-35-2, IC 21-35-3, or IC 21-35-5.

[Pre-2007 Higher Education Recodification Citation: 20-12-9.5-5.]

As added by P.L.2-2007, SEC.273.


Download our app to see the most-to-date content.