Indiana Statutes

§ 21-30-2-4 — Security of payment of annuities

Indiana § 21-30-2-4
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 30STATE EDUCATIONAL INSTITUTIONS:
Ch. 2Gift Annuities; Restrictions on Gifts; Gifts for a

This text of Indiana § 21-30-2-4 (Security of payment of annuities) 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 § 21-30-2-4 (2026).

Text

To secure the payment of annuities, the property comprised in the gift may be pledged, by way of mortgage or otherwise, to the annuitant or annuitants for the full period of the life of the annuity or annuities. The property pledged is the sole guarantee and the state shall not be obligated by the mortgage or other obligation. [Pre-2007 Higher Education Recodification Citation: 4-24-2-4.]

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Legislative History

As added by P.L.2-2007, SEC.271.

Nearby Sections

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"Fund"
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Repealed
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§ 21-12-1-14
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Bluebook (online)
Indiana § 21-30-2-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-30-2-4.