Authority to pledge and assign security for the payment of bonds or notes

Ind. Code § 21-32-2-4
in effect
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Sec. 4. A state educational institution may pledge and assign for the benefit of holders of: (1) temporary obligations; or (2) a credit facility; under this chapter any security that the state educational institution may pledge and assign for the payment of bonds or notes under IC 21-34, IC 21-35-2, IC 21-35-3, or IC 21-35-5. [Pre-2007 Higher Education Recodification Citation: 20-12-9.5-5.] As added by P.L.2-2007, SEC.273.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026

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