Indiana § 21-35-5-12 - Revenue obligations; eligible investments
Full text of Indiana Indiana Code § 21-35-5-12 — Revenue obligations; eligible investments, with citation guidance and answers to common questions.
§ 21-35-5-12. Revenue obligations; eligible investments
Sec. 12. Any revenue obligations issued under IC 21-35-2 or IC 21-35-3 are eligible investments for the funds of any kind or character of every financial institution, insurance company, or private trust. The revenue obligations are eligible for deposit by any financial institution, insurance company, or trustee under any law of Indiana providing for the deposit of securities or funds.
[Pre-2007 Higher Education Recodification Citation: 20-12-9-6.]
As added by P.L.2-2007, SEC.276.
IC 21-35-6Chapter 6. Revenue Bonds; Vincennes University
21-35-6-1Applicability of chapter 21-35-6-2Applicable property 21-35-6-3Issuance and sale of bonds 21-35-6-4Security of bonds 21-35-6-5Liens 21-35-6-6Authority to exchange funding or refund bonds 21-35-6-7Maximum amount of bonds 21-35-6-8Bonds; form; terms and conditions; rates of interest 21-35-6-9Resolution and indenture for bonds; contents 21-35-6-10Public sale of bonds 21-35-6-11Actions to contest validity of bonds 21-35-6-12Bonds; notice of sale 21-35-6-13Bonds; rates of interest 21-35-6-14Bonds and coupons; seal 21-35-6-15Bonds; eligible investments 21-35-6-16Liability of institution limited 21-35-6-17Tax exemption
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-35-5-12
What does Indiana Code § 21-35-5-12 cover?
Section 21-35-5-12 ("Revenue obligations; eligible investments") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 21-35-5-12?
A common citation format is "Indiana Code § 21-35-5-12" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-35-5-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.