Indiana Statutes

§ 5-13-4-5 — "Credit enhancement"

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 13 INVESTMENT OF PUBLIC FUNDS·Ch. 4 Definitions
"Credit enhancement" means any letter of credit, insurance, guarantee, or other credit enhancement issued by an issuer approved by the board for depositories, which is used to secure debt or leasehold financing for an industrial development obligation.

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Indiana § 5-13-4-5 ("Credit enhancement") — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.19-1987, SEC.6.

Nearby Sections

15
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