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2024 Indiana Code
Title 5. State and Local Administration
Article 20. Housing
Chapter 1. Indiana Housing and Community Development Authority
5-20-1-20. Authority to Accept and Expend Funds
Universal Citation:
IN Code § 5-20-1-20 (2024)
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Sec. 20. Authority to Accept and Expend Funds. The authority is authorized to accept and expend such moneys as may be received from any source, including income from the authority's operations, for effectuating its corporate purposes including, without limitation, the payment of the initial expenses of administration and operation, and the establishment of a reserve or contingency fund to be available for the payment of the principal of and the interest on any bonds or notes of the authority.
As added by Acts 1978, P.L.28, SEC.1.
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