Sec. 3. The geothermal conversion revolving fund is established for the purpose of making loans to school corporations that:
(1) install a geothermal heating and cooling system in a new facility; or
(2) install a geothermal heating and cooling system that replaces a conventional heating and cooling system.
As added by P.L.99-2009, SEC.2.
Structure Indiana Code
Article 20. Programs Administered by the State
Chapter 37.4. Geothermal Conversion Revolving Fund
20-20-37.4-2. "Geothermal Heating and Cooling System"
20-20-37.4-3. Establishment and Purpose of the Fund
20-20-37.4-4. Administration of the Fund
20-20-37.4-5. Authority to Make Geothermal Conversion Loans
20-20-37.4-6. Requirement for a Written Procedure