Before exercising any of the powers conferred by section 5 of this chapter, the authority may:(1) require that the lease, installment purchase contract, or loan agreement involved be insured by a loan insurer, be guaranteed by a loan guarantor, or be secured by a letter of credit; and(2) require any other type of security from the participating providers that the authority considers reasonable and necessary.As added by P.L.189-2018, SEC.25.
Indiana Legal Code