Ind. Code § 28-2-5-3

Current through P.L. 171-2024
Section 28-2-5-3 - Deposit of matching state funds in disaster area bank

The treasurer of state shall deposit in any bank in the general area of the disaster an amount of interest-free state money equal to the amount of the loan granted by the lending bank when the bank has provided the treasurer of state with a copy of the loan instrument showing the name of the borrower, amount of loan, rate of interest and terms of loan.

IC 28-2-5-3

Formerly: Acts 1967, c.148, s.3.