{"data":{"id":"us-in/ic-5-28-21-14","jurisdiction":"us-in","citation":"IC 5-28-21-14","heading":"Loan security","body":"Sec. 14. (a) A loan under this chapter must be secured by liens on collateral at the highest level of priority that can accommodate the borrower's ability to raise sufficient debt and equity capital.\n(b) A financial institution holding an obligation that is guaranteed under this chapter must adequately secure the obligation.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 28. INDIANA ECONOMIC DEVELOPMENT CORPORATION","Chapter 21. Small Business Incubator Program"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-28-21-14","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"9def52607514270da0afad7bb7a287dff058e907f370a3a44996fafa8001c029","source_id":"us-in","stale":false,"prev":"us-in/ic-5-28-21-13","next":"us-in/ic-5-28-21-15"},"notice":"GroundRules: Original legal text. Not legal advice."}