Sec. 15. Notwithstanding any other law, loans or leases guaranteed or made by the corporation are legal investments for all insurance companies, trust companies, banks, investment companies, savings banks, executors, trustees and other fiduciaries, and pension or retirement funds, as well as the board for depositories.
As added by P.L.162-2007, SEC.25.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
Chapter 30. Industrial Development Loan Guaranty Program
5-28-30-4. "High Growth Company With High Skilled Jobs"
5-28-30-5. "Industrial Development Project"
5-28-30-8. "Security Agreement"
5-28-30-9. Industrial Development Project Guaranty Fund
5-28-30-10. Power to Guarantee Loans and Leases
5-28-30-12. Power to Guarantee an Unsecured Loan
5-28-30-13. Premiums; Fees; Charges
5-28-30-16. Power to Allow Subordination
5-28-30-17. Power to Make Direct Loans
5-28-30-19. Expense; Reimbursement by Borrower
5-28-30-20. Transfer of Funds to the Capital Access Account
5-28-30-21. Exemption From Securities Registration Laws