Lender certifications
Ind. Code § 5-1.2-9-24
in effectSec. 24. Before exercising any of the powers authorized in section 23 of this chapter, the authority shall require the lender to certify and agree that:
(1) the loan is, or, if the loan has not been made, will be, at the time of making, in all respects a prudent investment; and
(2) the lender will make the loan and sell the loan to the authority within a reasonable period of time.
As added by P.L.189-2018, SEC.25.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/5Fetched: 10/17/2026