Indiana Code — Title 6 (Taxation)
IC 6-1.1-21.5-4
Maximum amount of loan
Official textiga.in.govlast amended
Sec. 4. The maximum amount that the board may loan to a qualified taxing unit under this chapter is set forth in the following table:
MAXIMUM
TYPE OF TAXING UNIT LOAN
City $ 5,500,000
Sanitary District $ 1,900,000
Library District $ 800,000
School Corporation $ 8,000,000
As added by P.L.380-1987(ss), SEC.5. Amended by P.L.291-2001, SEC.208.
Amendment history
As added by P.L.380-1987(ss), SEC.5. Amended by P.L.291-2001, SEC.208.
Source: view the official text
Nearby sections (25 sections)
- 6-1.1-21.4-0.5 · "ADM"
- 6-1.1-21.4-1 · "Board"
- 6-1.1-21.4-2 · "Eligible school corporation"
- 6-1.1-21.4-3 · Eligible school corporation; maximum loan; loan terms
- 6-1.1-21.4-3.5 · Termination of authority to make loans
- 6-1.1-21.4-4 · Board determination of loan amount; disbursement of…
- 6-1.1-21.4-5 · Effects on levy excess funds
- 6-1.1-21.4-6 · Loan is not bonded indebtedness
- 6-1.1-21.4-7 · Failure to repay loan
- 6-1.1-21.5-1 · "Qualified taxing unit"
- 6-1.1-21.5-2 · "Board"
- 6-1.1-21.5-3 · Loan application; prerequisites to grant of loan
- 6-1.1-21.5-4 · Maximum amount of loan
- 6-1.1-21.5-5 · Terms of loan; interest; repayment; depository
- 6-1.1-21.5-6 · Loan proceeds and delinquent tax payments; levy excess
- 6-1.1-21-5 · (before its repeal) in respect to such taxes is considered…
- 6-1.1-21.8-1 · "Board" defined
- 6-1.1-21.8-2 · "Qualified taxing unit"
- 6-1.1-21.8-3 · Loan application; prerequisites to grant of loan
- 6-1.1-21.8-4 · Loan terms; repayment schedule
- 6-1.1-21.8-5 · Maximum loan amount for a particular qualified taxing…
- 6-1.1-21.8-6 · "Delinquent tax"; loan proceeds and delinquent tax…
- 6-1.1-21.9-1 · Definitions
- 6-1.1-21.9-2 · Qualified taxing unit
- 6-1.1-21.9-3 · Board determines terms of loan and disburses…