IC 21-16-5 – Secondary Market for Guaranteed Student Loans | Midpage

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Indiana Code

Chapter 5

IC 21-16-5

Secondary Market for Guaranteed Student Loans

1Secondary market for guaranteed student loans; establishment of corporation 1.5Appointment of board of directors; quorum; meetings; reimbursement of director expenses 1.6Board of directors; terms; vacancies 2Public hearing; notice 3Powers of corporation; report to the budget committee 4Annual report; annual public hearing 5Amending articles of incorporation and bylaws 6Audit 7Board of directors; executive session 8Repealed 9Benefits of guaranty 10Grants; approval by the budget agency 11Debts incurred 12Tax exemption for principal and interest 13Investment of funds 14Termination of the designation 15Immunity for officers and directors 16Security interest in education loans 17Repealed