{"data":{"id":"us-in/ic-5-1.2-9-25","jurisdiction":"us-in","citation":"IC 5-1.2-9-25","heading":"Guarantees; secured loans; reservation of funds","body":"Sec. 25. Before exercising any of the powers conferred by section 23 of this chapter, the authority may:\n(1) require that the loan involved be insured by a loan insurer or be guaranteed by a loan guarantor;\n(2) require any type of security that the authority considers reasonable and necessary; or\n(3) authorize the reservation of funds by lenders in the amount and subject to conditions as the authority considers reasonable and necessary under this chapter.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1.2. INDIANA FINANCE AUTHORITY","Chapter 9. Economic Development Projects"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1.2-9-25","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"2140b4adeb13a406ec0337b3d66e100f910625d02c94178e4a87380fa621e1a1","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1.2-9-24","next":"us-in/ic-5-1.2-9-26"},"notice":"GroundRules: Original legal text. Not legal advice."}