Indiana Statutes
§ 21-34-7-4 — Proceeds of a grant anticipation loan
Indiana § 21-34-7-4
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 34STATE EDUCATIONAL INSTITUTIONS:
Ch. 7Grant Anticipation Loans
This text of Indiana § 21-34-7-4 (Proceeds of a grant anticipation loan) 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 § 21-34-7-4 (2026).
Text
The board of trustees of a state educational institution shall apply the proceeds of any grant anticipation notes to those items of cost for which the grant has been allocated by the granting agencies. The purchaser of any notes:
(1)is not liable for any improper use of the proceeds; and
(2)does not have to insure that the amount of the loan stays
within the maximum limits specified in section 2 of this chapter
as grant funds are received by the state educational institution.
[Pre-2007 Higher Education Recodification Citation:
20-12-6-8.5(d).]
Free access — add to your briefcase to read the full text and ask questions with AI
Legislative History
As added by P.L.2-2007, SEC.275.
Nearby Sections
15
§ 21-12-1-1
Definitions§ 21-12-1-10
"Frank O'Bannon grant"§ 21-12-1-11
"Fund"§ 21-12-1-11.5
"Prior learning assessment"§ 21-12-1-12
Repealed§ 21-12-1-13
"Program"§ 21-12-1-14
"Scholarship"§ 21-12-1-15
"Scholarship applicant"§ 21-12-1-16
"Scholarship recipient"§ 21-12-1-2
"Academic term"§ 21-12-1-3
"Academic year"§ 21-12-1-4
"Active duty"§ 21-12-1-4.5
"Adult student grant"§ 21-12-1-5
"Approved secondary school"§ 21-12-1-6
"Commission"Cite This Page — Counsel Stack
Bluebook (online)
Indiana § 21-34-7-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-34-7-4.