21-16-5-11. Debts incurred

IN Code § 21-16-5-11 (2019) (N/A)
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Sec. 11. Debts incurred by the corporation under authority of this chapter do not represent or constitute a debt of the state of Indiana within the meaning of the provisions of the statutes of Indiana or the Constitution of the State of Indiana.

[Pre-2007 Higher Education Recodification Citation: 20-12-21.2-4.]

As added by P.L.2-2007, SEC.257.