Sec. 35. (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. IC 5-28-30 Chapter 30. Industrial Development Loan Guaranty Program 5-28-30-1 Repealed 5-28-30-1.5 "Developer" 5-28-30-2 "Guaranty fund" 5-28-30-3 "Guaranty program" 5-28-30-4 "High growth company with high skilled jobs" 5-28-30-5 "Industrial development project" 5-28-30-6 "Maturity date" 5-28-30-7 "Mortgage" 5-28-30-8 "Security agreement" 5-28-30-8.5 "User" 5-28-30-9 Industrial development project guaranty fund 5-28-30-10 Power to guarantee loans and leases 5-28-30-11 Conditions 5-28-30-12 Power to guarantee an unsecured loan 5-28-30-13 Premiums; fees; charges 5-28-30-14 Letters of credit 5-28-30-15 Legal investments 5-28-30-16 Power to allow subordination 5-28-30-17 Power to make direct loans 5-28-30-18 Proceeds of sales 5-28-30-19 Expense; reimbursement by borrower 5-28-30-20 Transfer of funds to the capital access account 5-28-30-21 Exemption from securities registration laws 5-28-30-22 Power to procure insurance 5-28-30-23 Powers in the event of default
‹ Prev All Indiana sections Next ›
Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.