Indiana Statutes
§ 8-21-11-8 — Allocation of loan funds; maximum amount
Indiana § 8-21-11-8
This text of Indiana § 8-21-11-8 (Allocation of loan funds; maximum amount) 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 § 8-21-11-8 (2026).
Text
(a)The department shall determine the
allocation of loan funds among eligible applicants. However, the total
amount of loans under this chapter may not exceed the balance in the
loan fund.
(b)An application for a loan must comply with the following:
(1)Be accompanied by a request for the loan in the form of a
resolution adopted by the applicant's fiscal body in the case of an
eligible entity or the applicant's governing board in the case of an
airport authority.
(2)Be accompanied by a plan for repayment that is determined by
the department to be an adequate plan.
(3)Meet all requirements for a grant from the fund, but not be the
recipient of such a grant.
(4)Meet all requirements that the department establishes.
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Legislative History
As added by P.L.34-1990, SEC.2.
Nearby Sections
15
§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 8-21-11-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-21-11-8.