5-20-8-7. Establishment of program; grant limit

IN Code § 5-20-8-7 (2019) (N/A)
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Sec. 7. (a) The authority shall establish the microenterprise partnership program to provide grants to microloan delivery organizations.

(b) A grant provided under subsection (a) may not exceed twenty-five thousand dollars ($25,000).

(c) A microloan delivery organization receiving a grant under this section must use the grant for the purposes set forth in this chapter.

As added by P.L.87-2011, SEC.2.