§ 5-1-2-9-25

Before exercising any of the powers conferred by section 23 of this chapter, the authority may:(1) require that the loan involved be insured by a loan insurer or be guaranteed by a loan guarantor;(2) require any type of security that the authority considers reasonable and necessary; or(3) authorize the reservation of funds by lenders in the amount and subject to conditions as the authority considers reasonable and necessary under this chapter.As added by P.L.189-2018, SEC.25.