Ind. Code § 28-2-5-3
Deposit of matching state funds in disaster area bank
Indiana · Indiana Code Title 28 — Financial Institutions · Status: effective
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- Citation
- Ind. Code § 28-2-5-3, Deposit of matching state funds in disaster area bank, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1666033
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Full text
Sec. 3. The treasurer of state shall deposit in any bank in the general area of the disaster an amount of interest-free state money equal to the amount of the loan granted by the lending bank when the bank has provided the treasurer of state with a copy of the loan instrument showing the name of the borrower, amount of loan, rate of interest and terms of loan.