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.
Authority to pledge and assign security for the payment of bonds or notes
Ind. Code § 21-32-2-4, under Temporary Borrowings; Loans; Lines of Credit; Credit Facilities.
Ind. Code § 21-32-2-4