Validity of certain loan guaranties

Ind. Code § 5-13-12-8.6, under Chapter 12. Board for Depositories.

Ind. Code § 5-13-12-8.6

Sec. 8.6. Notwithstanding the expiration of section 8.5 of this chapter on December 31, 2002, a loan guarantee made by the board for depositories under that section before December 31, 2002, remains a valid and binding obligation of the board for depositories after December 31, 2002, as if section 8.5 of this chapter had not expired. As added by P.L.220-2011, SEC.96.