Public-domain · open source
OpenJurist

Ind. Code § 5-1.2-15.5-13

Duties

As added by P.L.204-2023, SEC.5.

Sec. 13. The authority shall do the following under this chapter:

(1) Manage the program.

(2) Prepare and provide program information to participants.

(3) Negotiate the negotiable aspects of each financial assistance agreement.

(4) Prepare or cause to be prepared each financial assistance agreement.

(5) Sign each financial assistance agreement.

(6) Conduct or cause to be conducted an evaluation as to the financial ability of each participant to pay the loan and other obligations evidencing the loans, if required to be paid, and comply with the financial assistance agreement.

(7) Review each proposed eligible project and financial assistance agreement to determine if the project meets the credit, economic, or fiscal criteria established by guidelines of the authority.

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