IC 5-28-21-18: Loan or loan guarantee time limits
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 28. INDIANA ECONOMIC DEVELOPMENT CORPORATION
- Chapter 21. Small Business Incubator Program
Sec. 18. A loan or loan guarantee under this chapter may not exceed the lesser of:
(1) ten (10) years; or
(2) the useful life of the property for which the loan is granted or guaranteed, as determined by the United States Department of the Treasury.
Collected 2026-09-02T16:11:39Z. Source file · JSON