Ind. Code § 13-21-11-3

Current through P.L. 171-2024

Section 13-21-11-3 - Term

A note or notes issued or renewed under this chapter must:

(1) mature not more than five (5) years from the date of issuance of the original note; and

(2) pledge for the payment of the principal and interest the proceeds of the grant or bonds.

IC 13-21-11-3

Pre-1996 Recodification Citation: 13-9.5-9-7(c).

As added by P.L. 1-1996, SEC.11.