§ 14-27-5-2 — Application for loan

Indiana § 14-27-5-2

• Jurisdiction: Indiana
• Art. 27: LEVEES, DAMS, AND DRAINAGE
• Ch. 5: Levee Associations; Federal Loans

Text

The board of directors of an association
described in section 1 of this chapter may apply to the federal Farmers
Home Administration, the United States Department of Housing and
Urban Development, or any other agency of the federal government
authorized by federal law to make loans for works of improvement for
a long term or short term loan to cover the association's expenses in
connection with the construction of a levee or ditch and any other
required or related improvements, including the following expenses:
(1) General, legal, and administrative expenses.
(2) The acquisition of land rights.
(3) Costs of engineering.
(4) Other costs of necessary construction and maintaining and
operating the works of improvement authorized by applicable
governmental authority.
[Pre-1995 Recodification Citation: 13-2-29-1(a)
part.]

Legislative History

As added by P.L.1-1995, SEC.20.