(a) Bonds issued under this chapter may:(1) Be coupon bonds payable to bearer as the authorizing resolution may provide;(2) Be registered as to principal or as to principal and interest, or be coupon bonds subject to registration as to principal or as to principal and interest as the authorizing resolution may provide;(3) Be in one (1) or more series as the authorizing resolution may provide;(4) Bear such date or dates as the authorizing resolution may provide;(5) Mature at such time or times, not exceeding thirty-five (35) years from their respective dates as the authorizing resolution may provide;(6) Bear interest at such rate or rates as the authorizing resolution may provide;(7) Be in such form as the authorizing resolution may provide;(8) Be executed in such manner as the authorizing resolution may provide;(9) Be payable in such medium of payment at such place or places as the authorizing resolution may provide;(10) Be subject to such terms of redemption as the authorizing resolution may provide; and(11) Contain such terms, covenants, and conditions as the authorizing resolution may provide, including without limitation those pertaining to:(A) The custody and application of the proceeds of the bonds;(B) The collection and disposition of revenues;(C) The maintenance and investment of various funds and reserves;(D) The nature and extent of the security;(E) The rights, duties, and obligations of the industrial development authority issuing the bonds and of the trustee for the holders or registered owners of the bonds; and(F) The rights of the holders or registered owners of the bonds.
(1) Be coupon bonds payable to bearer as the authorizing resolution may provide;
(2) Be registered as to principal or as to principal and interest, or be coupon bonds subject to registration as to principal or as to principal and interest as the authorizing resolution may provide;
(3) Be in one (1) or more series as the authorizing resolution may provide;
(4) Bear such date or dates as the authorizing resolution may provide;
(5) Mature at such time or times, not exceeding thirty-five (35) years from their respective dates as the authorizing resolution may provide;
(6) Bear interest at such rate or rates as the authorizing resolution may provide;
(7) Be in such form as the authorizing resolution may provide;
(8) Be executed in such manner as the authorizing resolution may provide;
(9) Be payable in such medium of payment at such place or places as the authorizing resolution may provide;
(10) Be subject to such terms of redemption as the authorizing resolution may provide; and
(11) Contain such terms, covenants, and conditions as the authorizing resolution may provide, including without limitation those pertaining to:(A) The custody and application of the proceeds of the bonds;(B) The collection and disposition of revenues;(C) The maintenance and investment of various funds and reserves;(D) The nature and extent of the security;(E) The rights, duties, and obligations of the industrial development authority issuing the bonds and of the trustee for the holders or registered owners of the bonds; and(F) The rights of the holders or registered owners of the bonds.
(A) The custody and application of the proceeds of the bonds;
(B) The collection and disposition of revenues;
(C) The maintenance and investment of various funds and reserves;
(D) The nature and extent of the security;
(E) The rights, duties, and obligations of the industrial development authority issuing the bonds and of the trustee for the holders or registered owners of the bonds; and
(F) The rights of the holders or registered owners of the bonds.
(b) Bonds issued under this chapter shall have all of the qualities of negotiable instruments under the negotiable instruments laws of the state, subject to the provisions of this section pertaining to registration.