Sec. 8. (a) The corporation shall establish and implement procedures and guidelines for the application and the awarding of grants under the program.

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Terms Used In Indiana Code 5-28-42-8

  • 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.
  • program: means the Hoosier hospitality small business restart grant program established by section 6 of this chapter. See Indiana Code 5-28-42-3
     (b) The procedures established under this section for the awarding of grants may give preference to applications submitted by eligible entities that:

(1) are engaged in the hospitality industry; and

(2) are wholly owned by Indiana residents.

As added by P.L.82-2021, SEC.1.

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