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Indiana Code Title 21. Higher Education § 21-34-10-3

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Sec. 3. In addition to and in connection with the amount of bonds that may be issued by a state educational institution for a specific project as provided in section 2(b)(2) of this chapter, the board of trustees of a state educational institution may also issue bonds in amounts necessary to provide funds for:

(1) debt service reserves;

(2) bond or reserve insurance;  and

(3) other costs;

without additional approval by the general assembly, if these costs are incidental to the issuance of bonds for the project.

Cite this article: - Indiana Code Title 21. Higher Education § 21-34-10-3 - last updated June 08, 2021 |

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