Sec. 2. (a) The flood control program is established.
(b) The flood control fund is created to provide money for loans and financial assistance to or for the benefit of participants under this chapter as part of the flood control program.
(c) The flood control fund must be used exclusively for the purposes of this chapter.
(d) The authority shall hold the flood control fund in the name of the authority. The authority shall administer the flood control fund in the manner provided by IC 5-1.2-4 and this chapter.
(e) Money in the flood control fund does not revert to the state general fund.
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 13. Flood Control Program
5-1.2-13-2. Flood Control Program and Fund; Establishment
5-1.2-13-3. Loans and Financial Assistance; Procedures
5-1.2-13-4. Loans and Financial Assistance; Use of Money
5-1.2-13-5. Loans and Financial Assistance; Conditions
5-1.2-13-6. Application; Financial Assistance Agreement; Assurances
5-1.2-13-8. Priority Ranking System
5-1.2-13-10. Financial Assistance Agreement
5-1.2-13-11. Loan or Other Financial Assistance; Required Documents