Sec. 3. An eligible county, with the approval of the fiscal body of the eligible county, may apply to the board for a loan from the counter-cyclical revenue and economic stabilization fund.
As added by P.L.182-2009(ss), SEC.150.
Structure Indiana Code
Chapter 20.2. Rainy Day Fund Loans to Certain Counties
6-1.1-20.2-2. "Eligible County"
6-1.1-20.2-3. Eligible County May Apply to Board for Loan
6-1.1-20.2-4. Board Determines Terms of Any Loan After Review by Budget Committee
6-1.1-20.2-5. Interest on Loan
6-1.1-20.2-6. Term of Loan Repayment; Penalty
6-1.1-20.2-7. Disbursement of Loan Proceeds by Board
6-1.1-20.2-8. Repayment of Loan by Eligible County From Any Revenue Sources
6-1.1-20.2-9. Obligation to Repay Loan Not Basis to Obtain Excessive Tax Levy
6-1.1-20.2-10. Deposit by Board of Loan Payments
6-1.1-20.2-11. Loan Proceeds Received Not Considered Part of Levy Excess
6-1.1-20.2-12. Chapter Constitutes Complete Authority for Loans