Indiana Statutes
§ 23-13-12-1 — Right to borrow; security for loan
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 13 EDUCATIONAL INSTITUTIONS·Ch. 12 Borrowing by Educational Institutions
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§ 23-0.5-1-3
Application; exceptions§ 23-0.5-1-4
Delivery of record§ 23-0.5-1-5
Rules and procedures§ 23-0.5-1-6
Terms dependent on facts ascertainable outside the plan or filed
document; articles of amendment§ 23-0.5-1.5-1
Application of definitions§ 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"