Ind. Code § 5-1.2-9-17
Current through P.L. 171-2024
The term of a financing agreement may not exceed fifty (50) years from the date of any bonds issued under the financing agreement. However, a financing agreement does not terminate after fifty (50) years if a default under that financing agreement remains uncured, unless the termination is authorized by the terms of the financing agreement.
IC 5-1.2-9-17