Sec. 5. (a) If upon
appeal under section 1 of this chapter the department determines that a township board should be allowed to borrow money under this chapter, the department shall order the township
trustee to borrow the money from a financial institution on behalf of the township board and to deposit the money borrowed in the township’s township assistance account.
Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.
Terms Used In Indiana Code 12-20-24-5
- Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
- Trustee: A person or institution holding and administering property in trust.
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5
[Pre-1992 Revision Citation: 12-2-4.5-5.]
As added by P.L.2-1992, SEC.14. Amended by P.L.101-2000, SEC.9; P.L.90-2002, SEC.352; P.L.73-2005, SEC.111; P.L.169-2006, SEC.37.
