Indiana Code > Title 23 > Article 13 > Chapter 12 – Borrowing by Educational Institutions
Current as of: 2023 | Check for updates
|
Other versions
| § 23-13-12-1 | Right to borrow; security for loan |
| § 23-13-12-2 | Increase or diminution in number of directors or trustees |
Terms Used In Indiana Code > Title 23 > Article 13 > Chapter 12 - Borrowing by Educational Institutions
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Property: includes personal and real property. See Indiana Code 1-1-4-5