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Indiana · Snapshot 2026

IC 5-13-4-5: "Credit enhancement"

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 13. INVESTMENT OF PUBLIC FUNDS
  3. Chapter 4. Definitions

Sec. 5. "Credit enhancement" means any letter of credit, insurance, guarantee, or other credit enhancement issued by an issuer approved by the board for depositories, which is used to secure debt or leasehold financing for an industrial development obligation.

Collected 2026-09-02T16:11:39Z. Source file · JSON

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