Indiana Statutes
§ 5-28-21-15 — Leased facilities; conditions
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 21 Small Business Incubator Program
A grant, loan, or loan guarantee for an
incubator in a facility that is leased may be made only if the applicant
intends to buy the facility. A loan or loan guarantee must be secured by
a leasehold mortgage.
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Legislative History
As added by P.L.4-2005, SEC.34.
Nearby Sections
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§ 5-1-1-1
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