Indiana § 5-20-4-10.1 - Repayment of loans; procedures

Full text of Indiana Indiana Code § 5-20-4-10.1 — Repayment of loans; procedures, with citation guidance and answers to common questions.

§ 5-20-4-10.1. Repayment of loans; procedures

Sec. 10.1. The authority and the board for depositories shall establish procedures to insure repayment of the loan principal at the end of the loan term. The procedures may include purchase of a zero coupon bond to insure the loan principal, a requirement that a percentage of the loans issued by the authority be made through a linked deposit program in certificates of deposit, or other procedures that the authority and the board for depositories may determine appropriate.

As added by P.L.27-1993, SEC.20. Amended by P.L.1-2006, SEC.116; P.L.181-2006, SEC.34; P.L.1-2007, SEC.34.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 5-20-4-10.1

What does Indiana Code § 5-20-4-10.1 cover?

Section 5-20-4-10.1 ("Repayment of loans; procedures") 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 § 5-20-4-10.1?

A common citation format is "Indiana Code § 5-20-4-10.1" (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 § 5-20-4-10.1 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.