Ind. Code § 21-32-3-2

Current through P.L. 171-2024

Section 21-32-3-2 - Sale of bonds; value

A state educational institution may not sell bonds:

(1) for less than ninety percent (90%); or

(2) with an underwriter's discount that exceeds three percent (3%);

of the par value of the bonds.

IC 21-32-3-2

Pre-2007 Higher Education Recodification Citation: 4-1-5-1(a) part.

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