Indiana Statutes
§ 5-28-20-12 — Loans and loan guarantees; conditions
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 20 Small and Minority Business Financial Assistance
From the fund, the corporation shall:
(1)guarantee loans made by approved lenders upon conditions
prescribed under this chapter to small or minority businesses to
assist them in the operation or expansion of their businesses; and
(2)make loans upon conditions prescribed under this chapter to
small or minority businesses for the purpose of assisting them in
the operation and expansion of their businesses.
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Legislative History
As added by P.L.4-2005, SEC.34.
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Repealed§ 5-1-10-1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