IC 5-1.5-1-10 : "Security"

Sec. 10. "Security" means:

(1) a bond, note, or evidence of indebtedness issued by a qualified entity;

(2) a lease or certificate or other evidence of participation in the lessor's interest in and rights under a lease with a qualified entity;

(3) an obligation of a qualified entity under an agreement between the qualified entity and the bank;

(4) an agreement executed by a qualified entity under IC 20-49-4 or IC 20-49-10; or

(5) an assignment agreement executed by a qualified entity under IC 5-1.5-8-5.1(b)(1).

As added by P.L.25-1984, SEC.1. Amended by P.L.43-1985, SEC.3; P.L.30-1986, SEC.1; P.L.46-1987, SEC.4; P.L.28-1992, SEC.1; P.L.2-2006, SEC.9; P.L.259-2019, SEC.3.