Ind. Code § 5-13-4-13

Current through P.L. 171-2024

Section 5-13-4-13 - "Economic development obligation"

"Economic development obligation" means any loan or lease by a lender or lessor approved by the board for depositories as responsible and able to service the loan or lease properly, which is used to finance all or any portion of the cost of an economic development project.

IC 5-13-4-13

Amended by P.L. 189-2018,SEC. 31, eff. 7/1/2018.

As added by P.L. 19-1987, SEC.6.