Sec. 21. The bonds, notes, or other evidences of indebtedness payable from revenues: (1) shall, except as provided in subdivision (4), be sold at public sale as provided by general statutes concerning the sale of bonds; (2) may be sold at different times or an entire issue or series may be sold at one (1) time; (3) may be sold: (A) in part; or (B) in part in installments at different times or at one (1) time; and (4) may be sold or issued to the United States or the state without a public offering.
[Pre-1995 Recodification Citation: 13-3-4-8(d).] As added by P.L.1-1995, SEC.26.