Ind. Code § 5-1.3-6-14
Insurance; guaranty
Indiana · Indiana Code Title 5 — State and Local Administration · Status: effective
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- Ind. Code § 5-1.3-6-14, Insurance; guaranty, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1606237
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Full text
Sec. 14.
(a) The IFA may obtain from the NWIRDA or an agency of the state or of the United States, or from a nongovernmental insurer, available insurance or guaranty for the payment or repayment of interest or principal, or both, or any part of interest or principal, or any debt service reserve funds, on bonds or notes issued by the IFA, or on securities purchased or held by the IFA.
(b) The NWIRDA may obtain from the IFA or an agency of the state or of the United States, or from a nongovernmental insurer, available insurance or guaranty for the payment or repayment of interest or principal, or both, or any part of interest or principal, or any debt service reserve funds, on bonds or notes issued by the NWIRDA, or on securities purchased or held by the NWIRDA.