Indiana § 5-1.2-7-6 Security; transactions with participating providers

Indiana Statutes

§ 5-1.2-7-6 — Security; transactions with participating providers

Indiana § 5-1.2-7-6

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 7Health Facility Financing

This text of Indiana § 5-1.2-7-6 (Security; transactions with participating providers) 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 § 5-1.2-7-6 (2026).

Text

Before exercising any of the powers conferred by section 5 of this chapter, the authority may:

(1)require that the lease, installment purchase contract, or loan agreement involved be insured by a loan insurer, be guaranteed by a loan guarantor, or be secured by a letter of credit; and

(2)require any other type of security from the participating providers that the authority considers reasonable and necessary.

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Before exercising any of the powers conferred
by section 5 of this chapter, the authority may:
(1) require that the lease, installment purchase contract, or loan
agreement involved be insured by a loan insurer, be guaranteed
by a loan guarantor, or be secured by a letter of credit; and
(2) require any other type of security from the participating
providers that the authority considers reasonable and necessary.