Indiana Statutes
§ 23-6-4-4 — "Loan limit" defined
Indiana·Title 23 BUSINESS AND OTHER ASSOCIATIONS·Art. 6 PUBLIC CORPORATIONS AND ASSOCIATIONS·Ch. 4 Indiana Business Development Credit Corporation Law
As used in this chapter, "loan limit" means, for
any member, the maximum amount permitted to be outstanding at any
one (1) time on loans made by that member to a credit corporation, as
determined by the credit corporation's board of directors.
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Legislative History
As added by P.L.236-1985, SEC.1.
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"