IC 6-1.1-21.5-4: Maximum amount of loan
Where this section sits in the code
- TITLE 6. TAXATION
- ARTICLE 1.1. PROPERTY TAXES
- Chapter 21.5. Loans to Qualified Taxing Units
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 |
Collected 2026-09-09T01:51:39Z. Source file · JSON