8-21-11-11. Default on loan repayments; withholding of state funds payable to recipient

IN Code § 8-21-11-11 (2019) (N/A)
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Sec. 11. If a loan recipient fails to make any repayments of a loan, the auditor of state shall withhold the repayment amount from any other money payable by the state to the recipient. The amount withheld shall be transferred to the loan fund to the credit of the recipient.

As added by P.L.34-1990, SEC.2.