Sec. 9. (a) The authority may sell loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the water infrastructure assistance fund:
(1) periodically;
(2) at any price; and
(3) on terms acceptable to the authority.
(b) Proceeds of sales under subsection (a) shall be deposited in:
(1) the water infrastructure assistance fund;
(2) the wastewater revolving loan fund established by IC 5-1.2-10;
(3) the drinking water revolving loan fund established by IC 5-1.2-10; or
(4) the supplemental drinking water and wastewater assistance fund established by IC 5-1.2-11;
at the direction of the authority.
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 14. Water Infrastructure Assistance Program
5-1.2-14-1.2. "Non-Revenue Water"
5-1.2-14-2. Water Infrastructure Assistance Program; Establishment
5-1.2-14-3. Water Infrastructure Assistance Fund
5-1.2-14-5. Guidelines; Interest Rate or Parameters
5-1.2-14-6. Grants, Loans, Other Financial Assistance; Conditions
5-1.2-14-7. Application; Required Submissions
5-1.2-14-8.2. Project Prioritization System for Awarding Loans and Grants; Variables to Be Included
5-1.2-14-8.4. Utilities Serving Less Than 3,200 Customers
5-1.2-14-8.6. Advisory Services in Connection With Loan
5-1.2-14-10. Pledging of Loans
5-1.2-14-12. Requirement to Maintain Sufficient User Charges
5-1.2-14-13. Alternative of Providing Leveraged Loan Program
5-1.2-14-14. Use of Money in Fund to Establish Leveraged Loan Program