# Ind. Code § 36-7-16-8: Loan rates; administration of chapter

> Indiana · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-8

## Section

- **Citation:** Ind. Code § 36-7-16-8
- **Heading:** Loan rates; administration of chapter
- **Jurisdiction:** Indiana
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** Indiana Code / Title 36 / Article 7 / Chapter 16 / Section 36-7-16-8

## 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.

## Nearby sections

- [Ind. Code § 36-7-16-1 Application of chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-1.md)
- [Ind. Code § 36-7-16-2 Definitions](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-2.md)
- [Ind. Code § 36-7-16-3 Appropriations; federal monies and monies received on resale of property; grants to homeowners](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-3.md)
- [Ind. Code § 36-7-16-4 "Concentrated code delinquency area"; loans; authorization; prerequisites](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-4.md)
- [Ind. Code § 36-7-16-5 Purchasers under land sales contracts; eligibility for loans](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-5.md)
- [Ind. Code § 36-7-16-6 Property acquired by default; disposition](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-6.md)
- [Ind. Code § 36-7-16-7 Loans; no application fee; closing costs and charges](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-7.md)
- [Ind. Code § 36-7-16-8 Loan rates; administration of chapter](https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-8.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_IN_T36_A7_C16_S36-7-16-8. Check the current official text before relying on it. Not legal advice.