Indiana Statutes
§ 5-28-21-14 — Loan security
Indiana § 5-28-21-14
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 28INDIANA ECONOMIC DEVELOPMENT
Ch. 21Small Business Incubator Program
This text of Indiana § 5-28-21-14 (Loan 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 § 5-28-21-14 (2026).
Text
(a)A loan under this chapter must be
secured by liens on collateral at the highest level of priority that can
accommodate the borrower's ability to raise sufficient debt and equity
capital.
(b)A financial institution holding an obligation that is guaranteed
under this chapter must adequately secure the obligation.
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Legislative History
As added by P.L.4-2005, SEC.34.
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Repealed§ 5-1-10-1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 § 5-28-21-14, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-28-21-14.