Indiana § 5-28-29-35 Capital access account

Indiana Statutes

§ 5-28-29-35 — Capital access account

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 28 INDIANA ECONOMIC DEVELOPMENT·Ch. 29 Capital Access Program

(a)The corporation shall establish a capital access account. The corporation shall use the capital access account to carry out the provisions of the capital access program. The capital access account consists of all money that is:

(1)appropriated by the general assembly;

(2)transferred by the corporation from the industrial development guaranty fund; or

(3)transferred by the corporation from the general funds of the corporation.

(b)The expenses of the corporation attributable and allocated by the corporation to the capital access program shall be paid from the capital access account.

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(a) The corporation shall establish a capital
access account. The corporation shall use the capital access account to
carry out the provisions of the capital access program. The capital
access account consists of all money that is:
(1) appropriated by the general assembly;
(2) transferred by the corporation from the industrial development
guaranty fund; or
(3) transferred by the corporation from the general funds of the
corporation.
(b) The expenses of the corporation attributable and allocated by the
corporation to the capital access program shall be paid from the capital
access account.

Indiana § 5-28-29-35 (Capital access account) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.