Term
Ind. Code § 13-21-11-3
in effectSec. 3. A note or notes issued or renewed under this chapter must:
(1) mature not more than five (5) years from the date of issuance of the original note; and
(2) pledge for the payment of the principal and interest the proceeds of the grant or bonds.
[Pre-1996 Recodification Citation: 13-9.5-9-7(c).]
As added by P.L.1-1996, SEC.11.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/13Fetched: 10/17/2026
