GroundRules
IC 8-21-11-11: Default on loan repayments; withholding of state funds payable to recipient
Where this section sits in the code
- TITLE 8. UTILITIES AND TRANSPORTATION
- ARTICLE 21. AERONAUTICS
- Chapter 11. Airport Development Program
Sec. 11. If a loan recipient fails to make any repayments of a loan, the state comptroller shall withhold the repayment amount from any other money payable by the state to the recipient. The amount withheld shall be transferred to the loan fund to the credit of the recipient.
Collected 2026-10-04T20:08:46Z. Source file · JSON