Indiana § 21-16-1-2 - "Approved lender"
Full text of Indiana Indiana Code § 21-16-1-2 — "Approved lender", with citation guidance and answers to common questions.
§ 21-16-1-2. "Approved lender"
Sec. 2. "Approved lender", for the purposes of IC 21-16-4, means:
(1) an eligible institution; or
(2) a bank, trust company, savings association, credit union, or other entity as described in 20 U.S.C. 1085(d) whose primary consumer credit function is not the making of guaranteed student loans and which is examined and supervised by the appropriate state or federal regulatory agency.
[Pre-2007 Higher Education Recodification Citation: 20-12-21.1-1(a).]
As added by P.L.2-2007, SEC.257.
Frequently Asked Questions About Indiana § 21-16-1-2
What does Indiana Code § 21-16-1-2 cover?
Section 21-16-1-2 (""Approved lender"") 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 § 21-16-1-2?
A common citation format is "Indiana Code § 21-16-1-2" (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 § 21-16-1-2 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.