Sec. 12. The board has the following powers:

(1) To accept, analyze, approve, and deny applications under this chapter.

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Terms Used In Indiana Code 5-28-41-12

  • Contract: A legal written agreement that becomes binding when signed.
  • fund: refers to the READI fund established by section 7 of this chapter. See Indiana Code 5-28-41-3
(2) To contract with experts for advice and counsel.

(3) To employ staff to assist in carrying out this chapter, including the following:

(A) Providing assistance to applicants that wish to apply for a grant or loan from the fund.

(B) Analyzing proposals.

(C) Working with experts engaged by the board.

(D) Preparing reports and recommendations for the board.

As added by P.L.165-2021, SEC.64.