Indiana Code 6-1.1-21.5-4. Maximum amount of loan
Current as of: 2023 | Check for updates
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Other versions
Sec. 4. The maximum amount that the board may loan to a qualified taxing unit under this chapter is set forth in the following table:
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Terms Used In Indiana Code 6-1.1-21.5-4
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MAXIMUM |
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TYPE OF TAXING UNIT |
LOAN |
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City |
$ |
5,500,000 |
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Sanitary District |
$ |
1,900,000 |
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Library District |
$ |
800,000 |
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School Corporation |
$ |
8,000,000 |
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As added by P.L.380-1987(ss), SEC.5. Amended by P.L.291-2001, SEC.208.