Indiana Code 5-28-43-7. READI 2.0 fund; purposes; use of grants or loans
Current as of: 2024 | Check for updates
|
Other versions
Sec. 7. (a) The READI 2.0 fund is established within the state treasury to do the following:
(2) Provide grants or loans to support proposals for economic development and regional economic acceleration and development.
(1) Support the corporation‘s READI 2.0 program.
Terms Used In Indiana Code 5-28-43-7
- 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.
- eligible regional economic acceleration and development organization: means any of the following:
Indiana Code 5-28-43-2
- fund: refers to the READI 2. See Indiana Code 5-28-43-3
(b) Grants or loans awarded from the fund may only be used by an eligible regional economic acceleration and development organization for capital projects or infrastructure improvements.
As added by P.L.201-2023, SEC.88.