§ 92510 Revenue Bond Indenture Terms
A university wants to build a new library but doesn't have enough money.
The university can borrow money by selling bonds. They make a plan (like a contract) that says how much they’ll borrow, when they’ll pay it back, and how much extra (interest) they’ll pay. Anyone who buys these bonds has to follow the rules in that plan. If you buy the bond later from someone else, you still follow the same rules.
AI-generated — May contain errors. Not legal advice. Always verify source.
§ 92510 Revenue Bond Indenture Terms
Last verified: January 23, 2026