Indiana Code 5-1.2-5-5. Authority may borrow money
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Terms Used In Indiana Code 5-1.2-5-5
- Contract: A legal written agreement that becomes binding when signed.
Sec. 5. The authority may borrow money from the public deposits insurance fund, a bank, an insurance company, an investment company, or any other person to carry out this chapter. The authority shall negotiate the terms of the loan contract.
As added by P.L.189-2018, SEC.25.