Term of loan repayment; penalty

Ind. Code § 6-1.1-20.2-6
in effect
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Sec. 6. An eligible county receiving a loan under this chapter must repay the loan within seventy-two (72) months after the date on which the loan is made. No penalty may be imposed for repaying a loan before the term of the loan. As added by P.L.182-2009(ss), SEC.150.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026
Ind. Code § 6-1.1-20.2-6 — Term of loan repayment; penalty | Indiana Code (Aug. 2026 snapshot) | Corpus