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Indiana Code Title 5. State and Local Administration § 5-20-4-10.1

Current as of January 01, 2026 | Updated by Findlaw Staff

Sec. 10.1. The authority and the board for depositories shall establish procedures to insure repayment of the loan principal at the end of the loan term.  The procedures may include purchase of a zero coupon bond to insure the loan principal, a requirement that a percentage of the loans issued by the authority be made through a linked deposit program in certificates of deposit, or other procedures that the authority and the board for depositories may determine appropriate.

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Cite this article: FindLaw.com - Indiana Code Title 5. State and Local Administration § 5-20-4-10.1 - last updated January 01, 2026 | https://codes.findlaw.com/in/title-5-state-and-local-administration/in-code-sect-5-20-4-10-1/

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