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Ind. Code § 6-1.1-21.5-4

Maximum amount of loan

As added by P.L.380-1987(ss), SEC.5

Sec. 4. The maximum amount that the board may loan to a qualified taxing unit under this chapter is set forth in the following table:

MAXIMUM

TYPE OF TAXING UNIT

LOAN

City

$

5,500,000

Sanitary District

$

1,900,000

Library District

$

800,000

School Corporation

$

8,000,000

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.