Sec. 1. A board may periodically enter into negotiations with one (1) or more persons concerning the terms and conditions of financing facilities. Preliminary expenses in connection with negotiations may be paid from any of the following:

(1) Money furnished by the proposed user or developer.

(2) Grant money.

(3) Money of the board.

[Pre-1996 Recodification Citation: 13-9.5-9-5(c).]

As added by P.L.1-1996, SEC.11.