Indiana Statutes
§ 28-2-5-3 — Deposit of matching state funds in disaster area bank
The treasurer of state shall deposit in any bank
in the general area of the disaster an amount of interest-free state
money equal to the amount of the loan granted by the lending bank
when the bank has provided the treasurer of state with a copy of the
loan instrument showing the name of the borrower, amount of loan, rate
of interest and terms of loan.
Formerly: Acts 1967, c.148, s.3.
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Nearby Sections
15
§ 28-1-1-1
Short title§ 28-1-1-2
Application of article§ 28-1-1-3
Definitions§ 28-1-1-3.5
Affiliate relationship§ 28-1-1-3.7
"Emancipated youth"§ 28-1-1-3.9
"Foster youth"§ 28-1-1-4
"Fund"§ 28-1-1-5
References to savings associations§ 28-1-1-6
"Depository financial institution"§ 28-1-1-7
"Qualified youth"§ 28-1-11-11
Safe deposits and escrows