Ind. Code § 13-18-25-8
Authority to sell loans
As added by P.L.233-2017, SEC.24.
(a) The authority may sell loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the 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 infrastructure assistance fund;
- (2) the wastewater revolving loan fund established by IC 13-18-13-2 ;
- (3) the drinking water revolving loan fund established by IC 13-18-21-2 ; or
(4) the supplemental drinking water and wastewater assistance fund established by IC 13-18-21-22 ;
at the direction of the authority.
As added by P.L.233-2017, SEC.24.