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§ 5-28-29-16 — Indiana Law | CourtGPT
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  5. Article 28 - Indiana Economic Development Corporation/
  6. Chapter 29 - Capital Access Program5-28-29-1. "Agreement"/
  7. § 5-28-29-16
Indiana Legal Code

§ 5-28-29-16

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Except upon the exercise of the corporation's right of subrogation under section 32 of this chapter, the corporation has no legal or equitable interest in any collateral, security, or other right of recovery in connection with any loan enrolled in the program, and the corporation's consent is not necessary for any amendment to the lender's loan documents.As added by P.L.162-2007, SEC.24.