However, the authority shall return the promissory notes purchased through the issuance of bonds to the nonprofit college or university issuing the promissory notes when:(1) the bonds have been fully paid and retired or adequate provision has been made to pay and retire the bonds fully;(2) all other conditions of the trust agreement or indenture creating the bonds have been satisfied; and(3) the lien has been released in accordance with the provisions of the instrument creating the lien.As added by P.L.189-2018, SEC.25.
Indiana Legal Code