# Ind. Code § 5-1.5-5-6: Certain qualified entities; debt service reserve appropriations not available

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-6

## Section

- **Citation:** Ind. Code § 5-1.5-5-6
- **Heading:** Certain qualified entities; debt service reserve appropriations not available
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 5 / Article 1.5 / Chapter 5 / Section 5-1.5-5-6

## Text

Sec. 6. The provisions of section 4(a) of this chapter are not available to any bonds or notes issued by the bank to purchase securities of, or fund loans to, any qualified entity described in IC 5-1.5-1-8(5) or IC 5-1.5-1-8(6).

As added by P.L.37-1991, SEC.4.

## Nearby sections

- [Ind. Code § 5-1.5-5-1 Establishment; application of funds; required debt service reserve; excess money](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-1.md)
- [Ind. Code § 5-1.5-5-2 Investment of funds](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-2.md)
- [Ind. Code § 5-1.5-5-3 Valuation of investments](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-3.md)
- [Ind. Code § 5-1.5-5-4 Required debt service reserve; resolution concerning appropriations; excess funds; budget committee review; default](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-4.md)
- [Ind. Code § 5-1.5-5-5 Combining reserve funds](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-5.md)
- [Ind. Code § 5-1.5-5-6 Certain qualified entities; debt service reserve appropriations not available](https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-6.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T5_A1.5_C5_S5-1.5-5-6. Check the current official text before relying on it. Not legal advice.