393 chapters · 3,941 sections in this title.
Ind. Code § 5-1.5-6.5-1 Capital principal fund and capital interest fund; programs for qualified entities
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Sec. 1. (a) The bank shall establish and maintain: (1) a capital principal fund, to be funded from appropriations made to the fund by the general assembly and any other money that the bank transfers to the fund; and (2) a capital interest fund, to be funded from investment earnin…
Ind. Code § 5-1.5-6.5-2 Investments; credit of earnings
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Sec. 2. Money in the funds may be invested in the manner provided in IC 5-1.5-3-3. However, all earnings on the funds shall be credited to the capital interest fund. As added by P.L.38-1988, SEC.5.
Ind. Code § 5-1.5-6.5-3 Capital principal fund; debt service; agreement; recovery
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Sec. 3. (a) The capital principal fund may be used only to guarantee payment of debt service on: (1) securities issued by a qualified entity for a purpose specified in section 1(b) of this chapter; or (2) bonds or notes issued to purchase securities issued for a purpose specified…
Ind. Code § 5-1.5-6.5-4 Required debt service reserves; budget committee review
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Sec. 4. (a) Except as provided in subsection (d), whenever a reserve fund for an issue of bonds or notes issued to purchase securities specified in section 1(b) of this chapter does not contain the required debt service reserve (as defined in IC 5-1.5-5-1(b)), the chairman of the…