Section 21-35-3-13 - Bonds and interest on bonds secured by pledge or mortgage The bonds and the interest on the bonds may be secured by pledge or mortgage of:
(1) any property, real or personal, used or acquired or to be acquired and used for the property and the improvements made or to be made on the property;(2) the net income from the property;(3) the property and the net income from the property; or(4) any unobligated net income of any property financed under this chapter; as the board of trustees may determine.
Pre-2007 Higher Education Recodification Citation: 20-12-8-2(a) part.
As added by P.L. 2-2007, SEC.276.