Indiana § 21-7-14-9 - Loans from fund; security
Full text of Indiana Indiana Code § 21-7-14-9 — Loans from fund; security, with citation guidance and answers to common questions.
§ 21-7-14-9. Loans from fund; security
Sec. 9. The state comptroller shall loan as much of the fund as is not at any time absorbed by the nonnegotiable bonds of the state issued under this chapter at six percent (6%) interest, payable annually in advance in real estate security. Except as otherwise provided in this chapter, in making loans and disbursing the interest collected, the treasurer of state and the state comptroller are governed by the law in force regulating the manner of making loans of the university funds and paying out interest collected.
[Pre-2007 Higher Education Recodification Citation: 21-7-3-4.]
As added by P.L.2-2007, SEC.244. Amended by P.L.9-2024, SEC.414.
Frequently Asked Questions About Indiana § 21-7-14-9
What does Indiana Code § 21-7-14-9 cover?
Section 21-7-14-9 ("Loans from fund; security") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 21-7-14-9?
A common citation format is "Indiana Code § 21-7-14-9" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 21-7-14-9 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.