Indiana Code Title 5. State and Local Administration § 5-1.5-6.5-3

Sec. 3. (a) The capital principal fund may be used only to guarantee payment of debt service on:

(b) The bank and the qualified entity must enter into an agreement before a guarantee under subsection (a)(1) is effective.  This agreement may contain any provisions the bank considers appropriate and may specify which funds held by a state agency are subject to recovery under subsection (c).

(c) If debt service on securities of a qualified entity is paid by the bank to a qualified entity or owners of its securities under a guarantee under subsection (a)(1), the amount paid from the capital principal fund may be recovered from funds held by a state agency or department that are payable to the qualified entity as set forth in subsection (b).