Ind. Code § 8-21-11-11

Current through P.L. 171-2024

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

If a loan recipient fails to make any repayments of a loan, the state comptroller 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.

IC 8-21-11-11

Amended by P.L. 9-2024,SEC. 301, eff. 7/1/2024.

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