Ind. Code § 5-28-21-18

Current through P.L. 171-2024
Section 5-28-21-18 - Loan or loan guarantee time limits

A loan or loan guarantee under this chapter may not exceed the lesser of:

(1) ten (10) years; or
(2) the useful life of the property for which the loan is granted or guaranteed, as determined by the United States Department of the Treasury.

IC 5-28-21-18

As added by P.L. 4-2005, SEC.34.