Sec. 6. Before exercising any of the powers conferred by section 5 of this chapter, the authority may:
(1) require that the lease, installment purchase contract, or loan agreement involved be insured by a loan insurer, be guaranteed by a loan guarantor, or be secured by a letter of credit; and
(2) require any other type of security from the participating providers that the authority considers reasonable and necessary.
As added by P.L.189-2018, SEC.25.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.2. Indiana Finance Authority
Chapter 7. Health Facility Financing
5-1.2-7-4. Competitive Bidding Requirement
5-1.2-7-5. Powers of the Authority
5-1.2-7-6. Security; Transactions With Participating Providers
5-1.2-7-7. Power to Issue Bonds; Proceeds; Use
5-1.2-7-8. Bond Resolutions or Related Instruments; Provisions
5-1.2-7-9. Bonds; Additional Security Authorized
5-1.2-7-10. Payment of Expenses
5-1.2-7-11. Public Property; Tax Exemption
5-1.2-7-12. Construction of Chapter
5-1.2-7-13. Leases by County With the Authority
5-1.2-7-14. Leases Before Construction, Erection, or Renovation of Buildings
5-1.2-7-15. Payment of Lease Rental
5-1.2-7-16. Payment of Lease Rental From Cumulative Building Fund
5-1.2-7-18. Options to Renew and to Purchase; Obligations of County; General Obligation Bonds
5-1.2-7-19. Approval of Plans, Specifications, and Cost Estimates