Indiana Code 5-28-32-2. Establishment; purpose

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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.
fund: refers to the business development loan fund. See Indiana Code 5-28-32-1

Sec. 2. The business development loan fund is established. The fund shall be used by the corporation as a nonlapsing, revolving fund.

As added by P.L.162-2007, SEC.27.