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.]
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