IC 5-1.5-4 – Issuance of Obligations | Midpage

Collections
Indiana Code

Chapter 4

IC 5-1.5-4

Issuance of Obligations

1Purposes; bonds to be general obligations of bank payable out of revenues or funds of bank; limitation on amount outstanding; exception to limitation 2Nature of bond or note; state pledge and agreement 3Negotiability of bonds and notes 4Issuance; resolution; consent, proceedings, or conditions; rates of interest; redemption; prior approval 5Resolution authorizing issuance; adoption; publication of notice; action to set aside resolution 6Public or private sale; notice 7Issuance of notes; payment of principal or interest thereon; funding or refunding 8Trust agreement or resolution; provisions; expenses 9Purchase of bonds or notes of bank; disposition; bonds or notes held considered held for resale or transfer 10Purchase of securities; documentation