{"data":{"id":"us-in/ic-5-28-29-27","jurisdiction":"us-in","citation":"IC 5-28-29-27","heading":"Reserve fund; corporation pledges","body":"Sec. 27. The corporation shall pledge the following to the lender:\n(1) The money in the reserve fund will be available to pay claims under section 29 of this chapter.\n(2) The lender will have a first security interest in the money in the reserve fund to pay the claims.\n(3) The corporation will not encumber or pledge the money to any other party.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 28. INDIANA ECONOMIC DEVELOPMENT CORPORATION","Chapter 29. Capital Access Program"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-28-29-27","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"a3b660a5bc77ae6374de66ad2bf8759128150042535968a211d1f1e85a5ee3dc","source_id":"us-in","stale":false,"prev":"us-in/ic-5-28-29-26","next":"us-in/ic-5-28-29-28"},"notice":"GroundRules: Original legal text. Not legal advice."}