§ 5-1.2-2-26 — "Financial assistance agreement"

Indiana § 5-1.2-2-26

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1.2: INDIANA FINANCE AUTHORITY
• Ch. 2: Definitions

Text

(a) "Financial assistance agreement", for
purposes of the wastewater program and drinking water program
established under IC 5-1.2-10, the supplemental program established
under IC 5-1.2-11, the Indiana brownfields program established under
IC 5-1.2-12, the flood control program established under IC 5-1.2-13,
the water infrastructure assistance program established under IC 5-1.2-14, the water infrastructure grant program established by IC 5-1.2-14.5, the local transportation infrastructure program established
under IC 5-1.2-15, and the residential housing infrastructure assistance
program established by IC 5-1.2-15.5, refers to a financial assistance
agreement, financial aid agreement, grant agreement, or any other
obligation between the authority and a participant under those chapters
establishing the terms and conditions of a grant, loan, or other financial
assistance, including forgiveness of principal if allowed under federal
law, by the authority to the participant under those chapters.
(b) Nothing in this section restricts the authority from denominating
any financial assistance agreement by any other name the authority
determines to be administratively convenient.

Legislative History

As added by P.L.189-2018, SEC.25. Amended by P.L.154-2021, SEC.3; P.L.204-2023, SEC.1.