Indiana Code 5-28-32-2. Establishment; purpose
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Terms Used In Indiana Code 5-28-32-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- fund: refers to the business development loan fund. See Indiana Code 5-28-32-1
Sec. 2. The business development loan fund is established. The fund shall be used by the corporation as a nonlapsing, revolving fund.
As added by P.L.162-2007, SEC.27.