6-1.1-21.5-4. Maximum amount of loan

IN Code § 6-1.1-21.5-4 (2019) (N/A)
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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:

MAXIMUM

TYPE OF TAXING UNIT

LOAN

City

$

5,500,000

Sanitary District

$

1,900,000

Library District

$

800,000

School Corporation

$

8,000,000

As added by P.L.380-1987(ss), SEC.5. Amended by P.L.291-2001, SEC.208.