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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 3. Unless the resolution or trust agreement authorizing the bonds or notes provides otherwise, money or investments in a fund or account of the bank established or held for the payment of bonds or notes shall be applied to the payment or retirement of the bonds or notes, and to no other purpose.
Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-1.5-6-3 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-1-5-6-3/
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