Sec. 14. (a) The training required by section 13 of this chapter may be provided by consultants or staff members of the corporation. The corporation shall establish standards for the training.
(b) The duties of the consultants or staff members are as follows:
(1) To provide training in business and financial management techniques to the recipients of loans under this chapter when directed by the corporation.
(2) To oversee the fiscal operations of recipients of loans under this chapter for at least one (1) year following the receipt of the loan.
(3) To provide fiscal management assistance when necessary for at least one (1) year following the receipt of the loan, including assisting recipients in filing state and federal tax returns.
As added by P.L.4-2005, SEC.34.
Structure Indiana Code
Title 5. State and Local Administration
Article 28. Indiana Economic Development Corporation
Chapter 20. Small and Minority Business Financial Assistance Program
5-28-20-4. "Minority Business"
5-28-20-6. "Owned and Controlled"
5-28-20-9. Program Established; Purpose
5-28-20-10. Duties of Corporation
5-28-20-11. Obligation of Program Not a Debt of State; Loans From Fund Not Lending of State Credit
5-28-20-12. Loans and Loan Guarantees; Conditions