IC 21-32-2-4 : Authority to pledge and assign security for the payment of bonds or notes

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.