Indiana Statutes
§ 5-1.2-10-14 — Priority ranking system
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1.2 INDIANA FINANCE AUTHORITY·Ch. 10 Wastewater and Drinking Water Revolving Loan
(a)The authority shall use a priority ranking
system in making loans or other financial assistance from each fund.
(b)The authority, in consultation with other state agencies the
authority determines to be appropriate, shall develop the priority
ranking system to achieve optimum water quality consistent with
federal primary drinking water regulations and health protection
objectives of the federal Safe Drinking Water Act, the water quality
goals of the state, and the federal Clean Water Act.
(c)The ranking system shall prioritize loans securing longer term
benefits over shorter term projects, all other factors being equal.
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Legislative History
As added by P.L.189-2018, SEC.25. Amended by P.L.120-2021,
SEC.1.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined