Ind. Code § 21-16-4-8

Current through P.L. 171-2024

Section 21-16-4-8 - Collection of insurance premium

The commission may collect an insurance premium of not more than one percent (1%) per annum of the principal amount of the loan. The premium must be calculated in accordance with federal regulations.

IC 21-16-4-8

Pre-2007 Higher Education Recodification Citation: 20-12-21.1-2(11).

As added by P.L. 2-2007, SEC.257.