Indiana § 5-1.2-10-13 Fees

Indiana Statutes

§ 5-1.2-10-13 — Fees

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1.2 INDIANA FINANCE AUTHORITY·Ch. 10 Wastewater and Drinking Water Revolving Loan

(a)In connection with the wastewater or drinking water program, the authority may:

(1)charge a fee for services provided;

(2)charge a fee for costs and services incurred in the review or consideration of an application for a proposed loan or other financial assistance to or for the benefit of a participant under this chapter, regardless of whether the application is approved or rejected; and

(3)charge a fee (or cause interest on a loan made from the wastewater SRF fund or drinking water SRF fund to be so designated) in any manner allowed by the federal Clean Water Act or the federal Safe Drinking Water Act.

(b)A participant may pay fees charged under this section. If directed by the authority, a fee charged under this section may be instead of all or a portion of a scheduled interest

Free access — add to your briefcase to read the full text and ask questions with AI

(a) In connection with the wastewater or
drinking water program, the authority may:
(1) charge a fee for services provided;
(2) charge a fee for costs and services incurred in the review or
consideration of an application for a proposed loan or other
financial assistance to or for the benefit of a participant under this
chapter, regardless of whether the application is approved or
rejected; and
(3) charge a fee (or cause interest on a loan made from the
wastewater SRF fund or drinking water SRF fund to be so
designated) in any manner allowed by the federal Clean Water
Act or the federal Safe Drinking Water Act.
(b) A participant may pay fees charged under this section. If
directed by the authority, a fee charged under this section may be
instead of all or a portion of a scheduled interest payment.
(c) Fees shall be held and applied by the authority in any manner
allowed by the federal Clean Water Act or the federal Safe Drinking
Water Act.