5-28-21-15. Leased facilities; conditions

IN Code § 5-28-21-15 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 15. A grant, loan, or loan guarantee for an incubator in a facility that is leased may be made only if the applicant intends to buy the facility. A loan or loan guarantee must be secured by a leasehold mortgage.

As added by P.L.4-2005, SEC.34.