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.
Structure Indiana Code
Chapter 21.5. Loans to Qualified Taxing Units
6-1.1-21.5-1. "Qualified Taxing Unit"
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