Indiana Code > Title 5 > Article 28 > Chapter 32 – Business Development Loan Fund
Current as of: 2024 | Check for updates
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Other versions
| § 5-28-32-1 | “Fund” |
| § 5-28-32-2 | Establishment; purpose |
| § 5-28-32-3 | Sources of money |
| § 5-28-32-4 | Power to make loans |
| § 5-28-32-5 | Required loan agreement terms |
Terms Used In Indiana Code > Title 5 > Article 28 > Chapter 32 - Business Development Loan Fund
- 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
- Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC