The authority may make an approved loan or provide other financial assistance from the fund to a participant. The money loaned or provided is to be used by the participant for the purpose of instituting, accomplishing, and administering an approved flood control program.

[Pre-1995 Recodification Citation: 13-2-23-3 part.]

As added by P.L.1-1995, SEC.21. Amended by P.L.53-2008, SEC.4; P.L.155-2015, SEC.23; P.L.111-2016, SEC.28.