Sec. 18. The attorney general shall act as legal counsel to the commission. When the collection of loans on which the commission has met its guarantee obligation requires legal action outside the state of Indiana, the commission, upon the recommendation of the attorney general, may employ private, out of state counsel and expend its own funds to pay for this service. [Pre-2007 Higher Education Recodification Citation: 20-12-21.1-8.] IC 21-16-5 Chapter 5. Secondary Market for Guaranteed Student Loans 21-16-5-1 Secondary market for guaranteed student loans; establishment of corporation 21-16-5-1.5 Appointment of board of directors; quorum; meetings; reimbursement of director expenses 21-16-5-1.6 Board of directors; terms; vacancies 21-16-5-2 Public hearing; notice 21-16-5-3 Powers of corporation; report to the budget committee 21-16-5-4 Annual report; annual public hearing 21-16-5-5 Amending articles of incorporation and bylaws 21-16-5-6 Audit 21-16-5-7 Board of directors; executive session 21-16-5-8 Repealed 21-16-5-9 Benefits of guaranty 21-16-5-10 Grants; approval by the budget agency 21-16-5-11 Debts incurred 21-16-5-12 Tax exemption for principal and interest 21-16-5-13 Investment of funds 21-16-5-14 Termination of the designation 21-16-5-15 Immunity for officers and directors 21-16-5-16 Security interest in education loans 21-16-5-17 Repealed
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