Ind. Code § 6-1.1-21.5-4
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.