Indiana § 5-1.5-1-10 "Security"

Indiana Statutes

§ 5-1.5-1-10 — "Security"

Indiana § 5-1.5-1-10

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.5INDIANA BOND BANK

Ch. 1Definitions

This text of Indiana § 5-1.5-1-10 ("Security") 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 § 5-1.5-1-10 (2026).

Text

"Security" means:

(1)a bond, note, or evidence of indebtedness issued by a qualified entity;

(2)a lease or certificate or other evidence of participation in the lessor's interest in and rights under a lease with a qualified entity;

(3)an obligation of a qualified entity under an agreement between the qualified entity and the bank;

(4)an agreement executed by a qualified entity under IC 20-49-4 or IC 20-49-10; or

(5)an assignment agreement executed by a qualified entity under IC 5-1.5-8-5.1(b)(1).

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"Security" means:
(1) a bond, note, or evidence of indebtedness issued by a qualified
entity;
(2) a lease or certificate or other evidence of participation in the
lessor's interest in and rights under a lease with a qualified entity;
(3) an obligation of a qualified entity under an agreement between
the qualified entity and the bank;
(4) an agreement executed by a qualified entity under IC 20-49-4
or IC 20-49-10; or
(5) an assignment agreement executed by a qualified entity under
IC 5-1.5-8-5.1(b)(1).

Legislative History

As added by P.L.25-1984, SEC.1. Amended by P.L.43-1985, SEC.3; P.L.30-1986, SEC.1; P.L.46-1987, SEC.4; P.L.28-1992, SEC.1; P.L.2-2006, SEC.9; P.L.259-2019, SEC.3.