{"data":{"id":"us-in/ic-6-1.1-21.1-7","jurisdiction":"us-in","citation":"IC 6-1.1-21.1-7","heading":"Term of loan repayment; penalty","body":"Sec. 7. If the city of LaPorte receives a loan under this chapter, the city must repay the loan within seventy-two (72) months after the date on which the loan is made. No penalty may be imposed for repaying a loan before the term of the loan.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 21.1. Rainy Day Fund Loans to the City of LaPorte"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-21.1-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"5e5dc152aeafea222883a901fe83c55f8cae8c49cfc2e069e7f6d68f573e3504","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-21.1-6","next":"us-in/ic-6-1.1-21.1-8"},"notice":"GroundRules: Original legal text. Not legal advice."}