Skip to content

IC 16-22-7-34 — Terms of bond sale

Chapter 7. Hospital Building Authorities in County With Hospital Operated Under IC 16-23-1

0 citations

Section text

Sec. 34. The bonds shall be sold by the board at public sale in the manner described under IC 5-1-11-3(c). However, the bonds may not be sold for less than the bonds' par value. Notice of sale shall be published in the manner required for bonds of a county. Any premium received from the sale of the bonds shall be used solely for the payment of principal and interest on the bonds.

As added by P.L.2-1993, SEC.5.

Source: official publisher (2026 edition)

Sections IC 16-22-7-34 cites