Indiana Code 5-28-21-12. Loan or loan guarantee amount limits

Current as of: 2024 | Check for updates | Other versions

Sec. 12. A loan or loan guarantee under this chapter may not exceed the lesser of:

(1) fifty percent (50%) of the total eligible project costs; or

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

(2) five hundred thousand dollars ($500,000).

As added by P.L.4-2005, SEC.34.