Sec. 12. The department of state revenue shall annually notify the Indiana finance authority, the commission, the budget agency, and the owner or owners of a qualified motorsports facility of the sum of: (1) the amount determined under section 11 of this chapter; and (2) the amount reverted to the state general fund from the motorsports facility fund established under IC 5-1-17.5-30.5 ; which sum shall be credited to the obligations of the owner or owners of a qualified motorsports facility in accordance with the provisions of IC 5-1-17.5 . IC 4-11 ARTICLE 11. LOANS OF STATE FUNDS AND MORTGAGES TO STATE Ch. 1. Procedures for Collection of Loans Ch. 2. Release of Certain Mortgages to State or State Trust Funds Ch. 3. Release of Mortgages to Secure Loans of United States Government Surplus Revenue Funds IC 4-11-1 Chapter 1. Procedures for Collection of Loans 4-11-1-1 Loan greater than amount authorized by law; validity of security 4-11-1-2 Suits for recovery of loan; defense; loan greater than authorized by law; validity of title to land; liability of officers 4-11-1-3 Default; suits 4-11-1-4 Mortgage sales; state bidding in property; surplus sale proceeds 4-11-1-5 Substitutions; diminishing security 4-11-1-6 Repealed
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