Loan is not bonded indebtedness
Ind. Code § 6-1.1-21.4-6
in effectSec. 6. A loan under this chapter is not bonded indebtedness for purposes of IC 6-1.1-18.5 or IC 6-1.1-20.
As added by P.L.131-2008, SEC.5. Amended by P.L.145-2012, SEC.20.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/6Fetched: 10/17/2026
