Indiana Statutes

§ 23-13-12-1 — Right to borrow; security for loan

Indiana § 23-13-12-1
JurisdictionIndiana
Title 23BUSINESS AND OTHER ASSOCIATIONS
Art. 13EDUCATIONAL INSTITUTIONS
Ch. 12Borrowing by Educational Institutions

This text of Indiana § 23-13-12-1 (Right to borrow; security for 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 § 23-13-12-1 (2026).

Text

Any incorporated university, college, academy, theological institution, or high school existing on November 1, 1851, under either a special charter or a general law, is hereby authorized to borrow money for the benefit and use of such corporation, and to secure the same by mortgage of any of the property, real or personal, of any such corporation. Formerly: Acts 1855, c.60, s.1. As amended by P.L.34-1987, SEC.356.

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Nearby Sections

15
§ 23-0.5-1-1
Short title
§ 23-0.5-1-2
Application
§ 23-0.5-1-4
Delivery of record
§ 23-0.5-1.5-10
"Filed record"
§ 23-0.5-1.5-11
"Filing entity"
§ 23-0.5-1.5-12
"Foreign"
§ 23-0.5-1.5-13
"General partnership"
§ 23-0.5-1.5-14
"Governance interest"
§ 23-0.5-1.5-15
"Governing person"
§ 23-0.5-1.5-16
"Interest"
§ 23-0.5-1.5-17
"Interest holder"
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Bluebook (online)
Indiana § 23-13-12-1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/23-13-12-1.