{"data":{"id":"us-in/ic-6-1.1-22.1-7","jurisdiction":"us-in","citation":"IC 6-1.1-22.1-7","heading":"Requirement to repay loans","body":"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.","path":["TITLE 6. TAXATION","ARTICLE 1.1. PROPERTY TAXES","Chapter 22.1. Loans to Qualified Taxing Units in Lake County"],"source_url":"https://iga.in.gov/ic/2026/Title_6.html#6-1.1-22.1-7","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-09T01:51:39Z","sha256":"3329bbb0b54dfe6f25b7ac6ff86fe7f7dd2f22a86cbbf295054496bdcaf1cd76","source_id":"us-in","stale":false,"prev":"us-in/ic-6-1.1-22.1-6","next":"us-in/ic-6-1.1-22.1-8"},"notice":"GroundRules: Original legal text. Not legal advice."}