Indiana Statutes

§ 5-20-4-10.1 — Repayment of loans; procedures

Indiana § 5-20-4-10.1
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 20HOUSING
Ch. 4Affordable Housing and Community Development Fund

This text of Indiana § 5-20-4-10.1 (Repayment of loans; procedures) 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 § 5-20-4-10.1 (2026).

Text

1.The authority and the board for depositories shall establish procedures to insure repayment of the loan principal at the end of the loan term. The procedures may include purchase of a zero coupon bond to insure the loan principal, a requirement that a percentage of the loans issued by the authority be made through a linked deposit program in certificates of deposit, or other procedures that the authority and the board for depositories may determine appropriate.

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Legislative History

As added by P.L.27-1993, SEC.20. Amended by P.L.1-2006, SEC.116; P.L.181-2006, SEC.34; P.L.1-2007, SEC.34.

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Bluebook (online)
Indiana § 5-20-4-10.1, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-20-4-10.1.