Section 5-1.2-14-9 - Selling of loans(a) The authority may sell loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the water infrastructure assistance fund:(3) on terms acceptable to the authority.(b) Proceeds of sales under subsection (a) shall be deposited in: (1) the water infrastructure assistance fund;(2) the wastewater revolving loan fund established by IC 5-1.2-10;(3) the drinking water revolving loan fund established by IC 5-1.2-10; or(4) the supplemental drinking water and wastewater assistance fund established by IC 5-1.2-11; at the direction of the authority.
Added by P.L. 189-2018,SEC. 25, eff. 7/1/2018.