The board may secure the revenue bonds by a trust indenture by and between the district and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside Indiana. However, a trust indenture may not convey or mortgage all or any part of the works.[Pre-1996 Recodification Citation: 13-3-2-19(a).]As added by P.L.1-1996, SEC.16.
Indiana Legal Code