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2020 Indiana Code
Title 12. Human Services
Article 20. Township Assistance
Chapter 24. Township Borrowing for Township Assistance
12-20-24-6. Approval of Loan; Repayment Period
Universal Citation: IN Code § 12-20-24-6 (2020)
Sec. 6. If a loan is approved under IC 12-2-4.5 (before its repeal) or this chapter, the board of commissioners or county council (for a loan approved by the board of commissioners or county council before July 1, 2006) or the department shall determine the period during which the township shall repay the loan. However, the period may not exceed five (5) years.
[Pre-1992 Revision Citation: 12-2-4.5-6.]
As added by P.L.2-1992, SEC.14. Amended by P.L.90-2002, SEC.353; P.L.169-2006, SEC.38.
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