Section 8-14.5-6-5 - Bond and note provisions; weighted average life(a) The bonds or notes must indicate on their face: (1) the maturity date or dates, as determined under subsection (b);(2) the interest rate or rates (whether fixed, variable, or a combination of fixed or variable) or the manner in which the interest rate or rates will be determined if variable or adjustable rates are used;(3) registration privileges and place of payment, including provisions for book entry obligations as set forth in IC 5-1-15;(4) the conditions and terms under which the bonds or notes may be redeemed or prepaid before maturity; and(5) their source of payment as set forth in section 10 of this chapter.(b) The weighted average life of the bonds or notes may not exceed the sum of:(1) the weighted average useful life of the project or projects to be financed from the proceeds of the bonds or notes; plus(2) the period of construction of the project or projects.As added by P.L. 68-1988, SEC.12.