Indiana Code 5-28-30-20. Transfer of funds to the capital access account
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Terms Used In Indiana Code 5-28-30-20
- 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.
- guaranty fund: refers to the industrial development project guaranty fund created by section 9 of this chapter. See Indiana Code 5-28-30-2
Sec. 20. To further the purposes of this chapter and IC 5-1.2-9, and in addition to the corporation‘s other powers under this chapter, the corporation may transfer funds from the guaranty fund to the capital access account established under IC 5-28-29-35.
As added by P.L.162-2007, SEC.25. Amended by P.L.189-2018, SEC.55.