Treasurer of state payment of delinquent loan payments from

Official textiga.in.govlast amended 2009

city funds held by state
Sec. 14. Upon the failure of the city of LaPorte to make any of the city's payments on a loan granted under this chapter when due, the treasurer of state, upon being notified of the failure by the board, may pay the unpaid amount that is due from the funds held by the state that would be otherwise distributable to the city.
As added by P.L.182-2009(ss), SEC.153.

Amendment history

As added by P.L.182-2009(ss), SEC.153.

Source: view the official text

Nearby sections (25 sections)

6-1.1-21.1-2 · Findings of general assembly
6-1.1-21.1-3 · City may apply to board for loan
6-1.1-21.1-4 · Board determines terms of any loan after review by budget
6-1.1-21.1-5 · Interest on loan
6-1.1-21.1-6 · Limit on amount of loan
6-1.1-21.1-7 · Term of loan repayment; penalty
6-1.1-21.1-8 · Disbursement of loan proceeds by board
6-1.1-21.1-9 · Repayment of loan by city from any revenue sources
6-1.1-21.1-10 · Obligation to repay loan not basis to obtain excessive…
6-1.1-21.1-11 · Deposit by board of loan payments
6-1.1-21.1-12 · Loan proceeds received not considered part of levy…
6-1.1-21.1-13 · Chapter constitutes complete authority for loans
6-1.1-21.1-14 · Treasurer of state payment of delinquent loan payments…
6-1.1-21.2-1 · Repealed
6-1.1-21.2-2 · Applicability of definitions in IC 36
6-1.1-21.2-3 · "Allocation area"
6-1.1-21.2-4 · "Base assessed value"
6-1.1-21.2-5 · "District"
6-1.1-21.2-6 · "Governing body"
6-1.1-21.2-6.6 · "Obligation"
6-1.1-21.2-7 · "Property taxes"
6-1.1-21.2-8 · "Special fund"
6-1.1-21.2-9 · "Tax increment replacement amount"
6-1.1-21.2-10 · "Tax increment revenues"
6-1.1-21.2-11 · Tax increment replacement amount; calculation

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