Sec. 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.