Indiana Statutes

§ 5-28-17-2 — Debts of small business development corporation

Indiana § 5-28-17-2
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 28INDIANA ECONOMIC DEVELOPMENT
Ch. 17Small Business Development

This text of Indiana § 5-28-17-2 (Debts of small business development corporation) 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 § 5-28-17-2 (2026).

Text

Debts incurred by the small business development corporation under authority of IC 4-3-12 (before its repeal) do not represent or constitute a debt of the state within the meaning of the Constitution of the State of Indiana or Indiana statutes. The corporation may not incur debt under this chapter. However, the corporation shall assume the debt of the small business development corporation that is outstanding on the date the small business development corporation is abolished.

Free access — add to your briefcase to read the full text and ask questions with AI

Legislative History

As added by P.L.4-2005, SEC.34.

Nearby Sections

15
View on official source ↗

Cite This Page — Counsel Stack

Bluebook (online)
Indiana § 5-28-17-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-28-17-2.