Indiana Statutes

§ 14-27-5-4 — Terms of loan subject to agreement and federal law

Indiana·Art. 27 LEVEES, DAMS, AND DRAINAGE·Ch. 5 Levee Associations; Federal Loans

The following are subject to the agreement of the board of directors and the federal agency and applicable federal law:

(1)The time repayment of a loan must begin.
(2)The term within which the loan is repaid.
(3)The amount of interest.
(4)The time of making payments of interest.
(5)The interval at which interest shall be paid. [Pre-1995 Recodification Citation: 13-2-29-1(a) part.]

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Legislative History

As added by P.L.1-1995, SEC.20.

Nearby Sections

15
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