Sec. 4. The maximum amount that the board may loan to a qualified taxing unit under this chapter is set forth in the following table: MAXIMUM TYPE OF TAXING UNIT LOAN City $ 5,500,000 Sanitary District $ 1,900,000 Library District $ 800,000 School Corporation $ 8,000,000 As added by P.L.380-1987(ss), SEC.5. Amended by P.L.291-2001, SEC.208.
Maximum amount of loan
Ind. Code § 6-1.1-21.5-4, under Chapter 21.5. Loans to Qualified Taxing Units.
Ind. Code § 6-1.1-21.5-4