A local board may apply for a loan from the fund. A local board's application for a loan must include the following information:
- (1) The total amount of the loan requested from the fund.
- (2) The total amount of matching funds to be provided from the local pool operated by the local board and the sources of those matching funds.
- (3) A detailed description of the local pool, including its investment criteria.
- (4) The impact of the proposed loan on job production in the area served by the local pool.
- (5) Any other information requested by the corporation.
As added by P.L.4-2005, SEC.34.