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.