Security interest in education loans

Ind. Code § 21-16-5-16
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
Sec. 16. Notwithstanding IC 26-1-9.1-310(a), a security interest in education loans is perfected by: (1) possession under IC 26-1-9.1-313; or (2) filing a financing statement in the office of the secretary of state under IC 26-1-9.1-501. [Pre-2007 Higher Education Recodification Citation: 20-12-21.2-9.] 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

Starting a business in Indiana? Indiana LLC guide: costs and requirements