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Ind. Code § 13-20-20-6

Payment of grant

As added by P.L.1-1996, SEC.10.

Sec. 6. (a) When a grantee accepts a grant award, the department shall pay the grantee seventy-five percent (75%) of the grant for the project.

(b) The remaining twenty-five percent (25%) of the grant shall be paid to the grantee after the:

(1) grantee submits the final report to the department; and

(2) department has audited and approved in writing the final expenditures.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.