Loan rates; administration of chapter

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Indiana Code › Title 36 › Article 7 › Chapter 16 › Section 36-7-16-8

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Sec. 8. (a) Loans made under this chapter shall be made at rates to be determined by the agency. The proceeds of loans shall be used to defray the expense of administering this chapter.

(b) The agency may employ the persons and establish the administrative guidelines required to carry out the purposes of this chapter.

[Pre-Local Government Recodification Citation: 18-7-7.5-10.]

As added by Acts 1981, P.L.309, SEC.35.

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