Sec. 4. As used in this chapter, "loan limit" means, for any member, the maximum amount permitted to be outstanding at any one (1) time on loans made by that member to a credit corporation, as determined by the credit corporation's board of directors.
As added by P.L.236-1985, SEC.1.
Structure Indiana Code
Title 23. Business and Other Associations
Article 6. Public Corporations and Associations
Chapter 4. Indiana Business Development Credit Corporation Law
23-6-4-1. "Credit Corporation" Defined
23-6-4-2. "Lending Agreement" Defined
23-6-4-3. "Lending Institution" Defined
23-6-4-4. "Loan Limit" Defined
23-6-4-6. "Member Loan" Defined
23-6-4-7. "Small Business Concern" Defined
23-6-4-9. Purposes of Corporations
23-6-4-10. Powers of Corporations
23-6-4-12. Lending Institutions as Members; Loans
23-6-4-13. Lending Agreements; Time of Membership; Evidence of Loans; Interest
23-6-4-14. Duration of Membership; Withdrawal of Membership
23-6-4-15. Powers of Members and Shareholders; Voting Rights
23-6-4-16. Board of Directors; Loan Committees
23-6-4-17. Amendment of Articles of Incorporation
23-6-4-19. Period of Existence; Dissolution of Corporation
23-6-4-20. State Development Company
23-6-4-21. Exemptions; Securities Registration; Taxation; Financial Institutions Regulation