Sec. 3. To carry out the purposes described in section 1 of this chapter, the office of rural affairs, acting for and on behalf of the Indiana main street council and the Indiana main street program, may:

(1) execute contractual agreements;

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Terms Used In Indiana Code 4-4-16-3

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
(2) receive money from any source;

(3) expend money for an activity appropriate to the purposes of this chapter; and

(4) execute agreements and cooperate with:

(A) any other state or federal department or agency;

(B) Indiana political subdivisions; or

(C) any private person or corporation.

As added by P.L.22-1985, SEC.1. Amended by P.L.83-2005, SEC.8.