Current through P.L. 171-2024
Section 5-1.5-1-10 - "Security" "Security" means:
(1) a bond, note, or evidence of indebtedness issued by a qualified entity;(2) a lease or certificate or other evidence of participation in the lessor's interest in and rights under a lease with a qualified entity;(3) an obligation of a qualified entity under an agreement between the qualified entity and the bank;(4) an agreement executed by a qualified entity under IC 20-49-4 or IC 20-49-10; or(5) an assignment agreement executed by a qualified entity under IC 5-1.5-8-5.1(b)(1).Amended by P.L. 259-2019,SEC. 3, eff. 5/5/2019.As added by P.L. 25-1984, SEC.1. Amended by P.L. 43-1985, SEC.3; P.L. 30-1986, SEC.1; P.L. 46-1987, SEC.4; P.L. 28-1992, SEC.1; P.L. 2-2006, SEC.9.