Indiana § 21-7-14-10 - Loans from fund; records
Full text of Indiana Indiana Code § 21-7-14-10 — Loans from fund; records, with citation guidance and answers to common questions.
§ 21-7-14-10. Loans from fund; records
Sec. 10. (a) The state comptroller shall make a complete record of every mortgage and note executed on account of any loan from the fund, in a book to be kept in the state comptroller's office for that purpose.
(b) On payment of any loan to the fund, the state comptroller shall:
(1) enter a record of satisfaction in full on the margin of the record of the mortgage and sign the record; and
(2) enter satisfaction in full on the face of the mortgage.
(c) The mortgage, when presented by the mortgagor or any person holding title under the mortgagor, to the recorder of the county in which the land mortgaged is located, authorizes the recorder of the county to copy the entry on the record in the recorder's office.
[Pre-2007 Higher Education Recodification Citation: 21-7-3-5.]
As added by P.L.2-2007, SEC.244. Amended by P.L.9-2024, SEC.415.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 21-7-14-10
What does Indiana Code § 21-7-14-10 cover?
Section 21-7-14-10 ("Loans from fund; records") 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 § 21-7-14-10?
A common citation format is "Indiana Code § 21-7-14-10" (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 § 21-7-14-10 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.