Indiana Statutes
§ 20-42-1-10 — Loans; required interest rate
Indiana § 20-42-1-10
JurisdictionIndiana
Title 20EDUCATION
Art. 42FIDUCIARY FUNDS AND ACCOUNTS
Ch. 1Administration of Common School Fund by County
This text of Indiana § 20-42-1-10 (Loans; required interest rate) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 20-42-1-10 (2026).
Text
Subject to section 9 of this chapter, the:
(1)principal belonging to a fund; and
(2)accumulations to the principal of a fund held by a county;
must be loaned at four percent (4%) per annum. Loans made before
June 1, 1943, with a rate of interest higher than four percent (4%) per
annum must have an interest rate of four percent (4%) per annum.
[Pre-2006 Recodification Citation: 21-1-7-1.]
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Legislative History
As added by P.L.2-2006, SEC.165.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutesCite This Page — Counsel Stack
Bluebook (online)
Indiana § 20-42-1-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/20-42-1-10.