Bonds may be issued in the form and upon the terms and conditions, at the rate or rates of interest, and in the denominations that may be made convertible into different denominations as the governing board of the board of trustees of the state educational institution determines by:(1) the adoption of a resolution;(2) approval of a form of trust indenture between the board of trustees of the state educational institution and a designated corporate trustee; or(3) both subdivisions (1) and (2).[Pre-2007 Higher Education Recodification Citation: 20-12-6-7(b).]As added by P.L.2-2007, SEC.275.
Indiana Legal Code