Indiana Statutes

§ 4-10-18-11 — Limitations on loans

Indiana § 4-10-18-11
JurisdictionIndiana
Art. 10STATE FUNDS GENERALLY
Ch. 18The Counter-Cyclical Revenue and Economic

This text of Indiana § 4-10-18-11 (Limitations on loans) 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 § 4-10-18-11 (2026).

Text

(a)A loan under section 10 of this chapter from the fund is payable only from the amount of money remaining in the fund after the appropriations required by this chapter have been made.
(b)This section and section 10 of this chapter do not create an obligation of:
(1)the state; or
(2)the fund; to honor any loan applications to the extent that the total amount of loans approved by the state board of finance exceeds the amount of money available for loans at the time loans are paid.

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Legislative History

As added by P.L.380-1987(ss), SEC.3.

Nearby Sections

15
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Bluebook (online)
Indiana § 4-10-18-11, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-10-18-11.