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Indiana Code
Title 6
1.1
Chapter 20.2
IC 6-1.1-20.2
Rainy Day Fund Loans to Certain Counties
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1
"Board"
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"Eligible county"
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Eligible county may apply to board for loan
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Board determines terms of any loan after review by budget committee
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Interest on loan
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Term of loan repayment; penalty
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Disbursement of loan proceeds by board
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Repayment of loan by eligible county from any revenue sources
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Obligation to repay loan not basis to obtain excessive tax levy
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Deposit by board of loan payments
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Loan proceeds received not considered part of levy excess
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Chapter constitutes complete authority for loans
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Treasurer of state payment of delinquent loan payments from eligible county funds held by state
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Restriction on use of loans