IC 5-28-18-9: Loan application; requirements

Sec. 9. A local board may apply for a loan from the fund. A local board's application for a loan must include the following information:

(1) The total amount of the loan requested from the fund.

(2) The total amount of matching funds to be provided from the local pool operated by the local board and the sources of those matching funds.

(3) A detailed description of the local pool, including its investment criteria.

(4) The impact of the proposed loan on job production in the area served by the local pool.

(5) Any other information requested by the corporation.