Term of loan repayment; penalty

Official textiga.in.govlast amended 2009

Sec. 6. An eligible county receiving a loan under this chapter must repay the loan within seventy-two (72) months after the date on which the loan is made. No penalty may be imposed for repaying a loan before the term of the loan.
As added by P.L.182-2009(ss), SEC.150.

Amendment history

As added by P.L.182-2009(ss), SEC.150.

Source: view the official text

Nearby sections (25 sections)

6-1.1-20-8 · Repealed
6-1.1-20-8.5 · Repealed
6-1.1-20-9 · Public improvement bonds, ordinance, or resolution;
6-1.1-20-10 · Restrictions on promoting a position on a petition and
6-1.1-20-10.1 · Restrictions on promoting a position on a referendum
6-1.1-20-11 · Standards; validity of signatures on petition
6-1.1-20-12 · Distribution of levy approved in referendum
6-1.1-20.2-1 · "Board"
6-1.1-20.2-2 · "Eligible county"
6-1.1-20.2-3 · Eligible county may apply to board for loan
6-1.1-20.2-4 · Board determines terms of any loan after review by budget
6-1.1-20.2-5 · Interest on loan
6-1.1-20.2-6 · Term of loan repayment; penalty
6-1.1-20.2-7 · Disbursement of loan proceeds by board
6-1.1-20.2-8 · Repayment of loan by eligible county from any revenue…
6-1.1-20.2-9 · Obligation to repay loan not basis to obtain excessive…
6-1.1-20.2-10 · Deposit by board of loan payments
6-1.1-20.2-11 · Loan proceeds received not considered part of levy…
6-1.1-20.2-12 · Chapter constitutes complete authority for loans
6-1.1-20.2-13 · Treasurer of state payment of delinquent loan payments…
6-1.1-20.2-14 · Restriction on use of loans
6-1.1-20.3-1 · "Board"
6-1.1-20.3-2 · "Distressed political subdivision"
6-1.1-20.3-3 · "Political subdivision"
6-1.1-20.3-4 · Board established; members; terms; vacancies;…

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