Indiana Statutes
§ 5-28-29-16 — Corporation has no legal or equitable interest; consent of corporation unnecessary to amend documents
Indiana § 5-28-29-16
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 28INDIANA ECONOMIC DEVELOPMENT
Ch. 29Capital Access Program
This text of Indiana § 5-28-29-16 (Corporation has no legal or equitable interest; consent of corporation unnecessary to amend documents) 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 § 5-28-29-16 (2026).
Text
Except upon the exercise of the corporation's
right of subrogation under section 32 of this chapter, the corporation
has no legal or equitable interest in any collateral, security, or other
right of recovery in connection with any loan enrolled in the program,
and the corporation's consent is not necessary for any amendment to the
lender's loan documents.
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Legislative History
As added by P.L.162-2007, SEC.24.
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Repealed§ 5-1-10-1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 § 5-28-29-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-28-29-16.