Sec. 9. (a) A development authority may submit an application to the corporation for a grant or loan from the fund.
(b) A successful applicant must meet the requirements of this section and be approved by the board. An application for a grant or loan from the fund must be made in a form prescribed by the board. An applicant shall provide all information that the board finds necessary to make the determinations required by this chapter.
(c) All applications for a grant or loan from the fund must include the following:
(1) A comprehensive development plan and timeline.
(2) A detailed financial analysis that includes the commitment of resources and a return on investment analysis.
(3) A demonstration of the regional and state impact that the grant or loan is expected to have.
(4) Any other information that the board considers appropriate.
(d) An applicant for a grant or loan from the fund may request that information that may be excepted from disclosure under IC 5-14-3 that is submitted by the applicant be kept confidential.
As added by P.L.237-2017, SEC.37.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
