A note or notes issued or renewed under this chapter must:(1) mature not more than five (5) years from the date of issuance of the original note; and(2) pledge for the payment of the principal and interest the proceeds of the grant or bonds.[Pre-1996 Recodification Citation: 13-9.5-9-7(c).]As added by P.L.1-1996, SEC.11.
Indiana Legal Code