Indiana § 5-28-8-8 Guidelines for receipt of grants and loans

Indiana Statutes

§ 5-28-8-8 — Guidelines for receipt of grants and loans

Indiana § 5-28-8-8

Title 5STATE AND LOCAL ADMINISTRATION

Art. 28INDIANA ECONOMIC DEVELOPMENT

Ch. 8Economic Development Fund

This text of Indiana § 5-28-8-8 (Guidelines for receipt of grants and loans) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-28-8-8 (2026).

Text

(a)The corporation shall receive grants allocated by a federal program for the purposes specified in section 9(c) of this chapter. Guidelines shall be prepared by the corporation enumerating the qualification procedures for receipt of grants and loans from the fund. These guidelines must be consistent with Indiana law and federal program requirements.

(b)The board, with the approval of the budget agency and the governor, shall allocate parts of the fund for the purposes specified in section 9(c) of this chapter. The corporation shall make allocations on the basis of the need of the qualified entity.

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(a) The corporation shall receive grants
allocated by a federal program for the purposes specified in section
9(c) of this chapter. Guidelines shall be prepared by the corporation
enumerating the qualification procedures for receipt of grants and loans
from the fund. These guidelines must be consistent with Indiana law
and federal program requirements.
(b) The board, with the approval of the budget agency and the
governor, shall allocate parts of the fund for the purposes specified in
section 9(c) of this chapter. The corporation shall make allocations on
the basis of the need of the qualified entity.