Sec. 3. (a) The following funds are established:
(1) The drinking water revolving loan fund (referred to in this chapter as the "drinking water SRF fund" or "fund").
(2) The wastewater revolving loan fund (referred to in this chapter as the "wastewater SRF fund" or "fund").
(b) The authority shall administer, hold, and manage each fund.
(c) Except as provided in the federal Clean Water Act or the federal Safe Drinking Water Act, the cost of administering either fund or program may be paid from the appropriate fund or from other money.
(d) All money accruing to each fund and money allotted to the state under federal law is appropriated continuously for the purposes specified in this chapter.
(e) Money in the each fund does not revert to the state general fund at the end of a state fiscal year.
As added by P.L.189-2018, SEC.25.
Structure Indiana Code
Title 5. State and Local Administration
Article 1.2. Indiana Finance Authority
Chapter 10. Wastewater and Drinking Water Revolving Loan Programs
5-1.2-10-8. Technical, Managerial, and Financial Capacity
5-1.2-10-9. Discretion of the Authority
5-1.2-10-10. Contracting; Authorization
5-1.2-10-12. Provision of Services
5-1.2-10-14. Priority Ranking System
5-1.2-10-15. Loans or Other Financial Assistance; Authorization
5-1.2-10-16. Loans or Other Financial Assistance; Required Asset Management Program and Reports
5-1.2-10-17. Financial Assistance Agreement
5-1.2-10-18. Sale or Pledging of Loans; Federal Restrictions
5-1.2-10-19. Pledging of Loans or Property
5-1.2-10-21. Sufficient User Charges