Indiana Statutes
§ 5-1.2-9-24 — Lender certifications
Indiana § 5-1.2-9-24
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.2INDIANA FINANCE AUTHORITY
Ch. 9Economic Development Projects
This text of Indiana § 5-1.2-9-24 (Lender certifications) 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 § 5-1.2-9-24 (2026).
Text
Before exercising any of the powers authorized in section 23 of this chapter, the authority shall require the lender to certify and agree that:
(1)the loan is, or, if the loan has not been made, will be, at the
time of making, in all respects a prudent investment; and
(2)the lender will make the loan and sell the loan to the authority
within a reasonable period of time.
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Legislative History
As added by P.L.189-2018, SEC.25.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1.2-9-24, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.2-9-24.