Debts incurred

Ind. Code § 21-16-5-11
in effect
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Sec. 11. Debts incurred by the corporation under authority of this chapter do not represent or constitute a debt of the state of Indiana within the meaning of the provisions of the statutes of Indiana or the Constitution of the State of Indiana. [Pre-2007 Higher Education Recodification Citation: 20-12-21.2-4.] As added by P.L.2-2007, SEC.257.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/21Fetched: 10/17/2026

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