Sec. 13. All:
(1) banks;
(2) bankers;
(3) trust companies;
(4) savings banks and institutions;
(5) building and loan associations;
(6) saving and loan associations;
(7) investment companies;
(8) insurance companies and associations; and
(9) executors, administrators, guardians, trustees, and other fiduciaries;
may legally invest any sinking funds, money, or other funds that belong to them or are within their control in any bonds or notes issued under this chapter.
[Pre-2007 Higher Education Recodification Citation: 20-12-21.2-6.]
As added by P.L.2-2007, SEC.257.
Structure Indiana Code
Article 16. Earn Indiana Program; Student Loans; Legal Capacity to Contract for Student Loans
Chapter 5. Secondary Market for Guaranteed Student Loans
21-16-5-1. Secondary Market for Guaranteed Student Loans; Establishment of Corporation
21-16-5-2. Public Hearing; Notice
21-16-5-3. Powers of Corporation; Articles of Incorporation
21-16-5-4. Annual Report; Annual Public Hearing
21-16-5-5. Changes in Directors and Bylaws
21-16-5-7. Board of Directors; Executive Session
21-16-5-9. Benefits of Guaranty
21-16-5-10. Grants; Approval by the Budget Agency
21-16-5-12. Tax Exemption for Principal and Interest
21-16-5-13. Investment of Funds
21-16-5-14. Termination of the Designation
21-16-5-15. Immunity for Officers and Directors