GroundRules
IC 6-1.1-22.1-7: Requirement to repay loans
Where this section sits in the code
- TITLE 6. TAXATION
- ARTICLE 1.1. PROPERTY TAXES
- Chapter 22.1. Loans to Qualified Taxing Units in Lake County
Sec. 7. If a qualified taxing unit receives a loan under this chapter, the qualified taxing unit must repay the loan within twenty-five (25) years after the date on which the loan is made. No penalty may be imposed for repaying a loan under this chapter before the term of the loan expires.
Collected 2026-09-09T01:51:39Z. Source file · JSON