Payment of interest

Ind. Code § 21-34-6-15, under Issuance of Bonds.

Ind. Code § 21-34-6-15

Sec. 15. Interest may be: (1) payable semiannually, annually, or at any other interval or intervals as may be provided in the resolution or indenture; or (2) compounded and paid at maturity or at any other times as specified in the resolution

or indenture. [Pre-2007 Higher Education Recodification Citation: 20-12-6-7(h) part.] As added by P.L.2-2007, SEC.275.