IC 21-16-5-16 : Security interest in education loans

Sec. 16. Notwithstanding IC 26-1-9.1-310(a), a security interest in education loans is perfected by:

(1) possession under IC 26-1-9.1-313; or

(2) filing a financing statement in the office of the secretary of state under IC 26-1-9.1-501.

[Pre-2007 Higher Education Recodification Citation: 20-12-21.2-9.]

As added by P.L.2-2007, SEC.257.