IN · constitutions
Ind. Const. art. 11, § 12
The State shall not be a stockholder in any bank; nor shall the credit of the State ever be given, or loaned, in aid of any person, association or corporation; nor shall the State become a stockholder in any corporation or association.However, the General Assembly may by law, with limitations and regulations, provide that prohibitions in this section do not apply to a public employee retirement fund.
History
As Amended November 5, 1996
Provenance
- Source
- iga.in.gov
- Retrieved
- 2026-09-29
- Edition
- supplied-2026-09-29
- Content hash
4c3948c0661565db9e998ef38c4fbfc87a8706887021277587f8ef741fd60d1b
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