reglab/housing_qa huggingface dataset:
IN Code § 5-28-30-12 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-12. Power to Guarantee an Unsecured Loan

Sec. 12. The corporation may guarantee an unsecured loan for:(1) working capital purposes, if the corporation determines, under criteria that it establishes, that the loan for working capital:(A) is for an industrial development project, a mining operation, or an agricultural operation that involves the processing of agricultural products; and(B) will lead directly to increased production or job creation or retention through sales of products or provision of services to federal, state, or local government, private businesses, or individuals, or through exports to foreign markets; or(2) capital expenditures, if the corporation determines, under criteria that the corporation establishes, that the loan is for an industrial development project described in section 5(6) of this chapter.The loan guarantee may not exceed five hundred thousand dollars ($500,000) for any single project or operation, and may be in addition to any other guarantees of the corporation under this chapter. The guarantee terms must include a time limit for working capital loan guarantees that may not exceed eighteen (18) months. However, the guarantees are renewable. A loan guarantee may not exceed eighty percent (80%) of the unpaid principal balance from time to time outstanding of the loan being guaranteed. The corporation may impose any additional terms it considers appropriate for any particular project or operation.As added by P.L.162-2007, SEC.25. Amended by P.L.10-2019, SEC.36.
IN Code § 5-28-30-13 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-13. Premiums; Fees; Charges

Sec. 13. The corporation may establish:(1) guarantee premiums for a guarantee under section 10 of this chapter of any loan or lease outstanding at the beginning of each year or at the time the guarantee is entered into; and(2) loan application, placement, origination, commitment, administrative, processing, or other fees or charges in connection with the corporation's powers under section 17 of this chapter.These premiums, fees, or charges are payable in amounts or based upon formulas established by the corporation and may be payable, at the election of the corporation, in whole or in part, in the form of cash, shares of stock, warrants for the purchase of shares of stock, or other securities, property, or rights acceptable to the corporation. These premiums, fees, or charges shall be payable by the developer or user to the corporation in a manner prescribed by the corporation.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-14 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-14. Letters of Credit

Sec. 14. Any guarantee made by the corporation under this chapter may be effected or enhanced, in whole or in part, through the provision by the corporation of a letter of credit or an equivalent form of credit enhancement instrument. However, the maximum principal payment obligations of the corporation under the credit instrument, as the same may be effective from time to time, is the amount of the guarantee or portion of the guarantee made under this chapter, and for purposes of the limitations on the amount of guarantees under this chapter, and the term of any letter of credit may not exceed the respective terms established for guarantees or loans under this chapter.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-15 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-15. Legal Investments

Sec. 15. Notwithstanding any other law, loans or leases guaranteed or made by the corporation are legal investments for all insurance companies, trust companies, banks, investment companies, savings banks, executors, trustees and other fiduciaries, and pension or retirement funds, as well as the board for depositories.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-16 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-16. Power to Allow Subordination

Sec. 16. To further the purposes of this chapter, and subject to this chapter, the corporation may also use any part of the guaranty fund to guarantee any bonds issued by the Indiana finance authority under IC 5-1.2 or by any authorized issuer under IC 36-7-12. With regard to direct obligations of the authority that are guaranteed by the corporation, the corporation may permit a subordination of any:(1) security agreement;(2) mortgage;(3) combination of security agreements and mortgages; or(4) other appropriate documents securing the direct obligations;if the corporation in its discretion determines that the subordination is reasonably necessary to accomplish the objectives of the industrial development project undertaken by the authority.As added by P.L.162-2007, SEC.25. Amended by P.L.189-2018, SEC.54.
IN Code § 5-28-30-17 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-17. Power to Make Direct Loans

Sec. 17. To further the purposes of this chapter, and in addition to the corporation's other powers under this chapter, the corporation may, upon a written finding as described in section 10 of this chapter, make direct loans from money in the guaranty fund to or for the benefit of any industrial development project, mining operation, or agricultural operation that involves the processing of agricultural products, upon the terms and conditions that the corporation prescribes. Loans made under this section are subject to the following conditions:(1) A new or additional loan may not be made if the loan would cause the then outstanding total guarantee obligations with respect to all loans and leases guaranteed under this section and the other provisions of this chapter to exceed eight (8) times the amount of money then in the guaranty fund, or would cause the then outstanding total principal balance of all loans made under this section and then owing to the corporation to exceed twenty percent (20%) of the amount of money then in the guaranty fund.(2) The principal amount of such a loan to or for the benefit of a project or operation may not exceed one million dollars ($1,000,000), less the then outstanding total guarantee obligations with respect to any loans or leases guaranteed under this chapter to or for the benefit of that project or operation.(3) With respect to any loan made under this section, a loan agreement with the corporation must contain the following terms:(A) A requirement that the loan proceeds be used for specified purposes consistent with and in furtherance of the purposes of the corporation under this chapter.(B) The term of the loan, which may not be later than twenty (20) years from the date of the loan.(C) The repayment schedule.(D) The interest rate or rates of the loan, which may include variations in the rate, but which may not be less than the amount necessary to cover all expenses of the corporation in making the loan.(E) Any other terms and provisions that the corporation requires.(4) A loan agreement under this section may also contain a requirement that the loan be insured directly or indirectly by a loan insurer or be guaranteed by a loan guarantor, and a requirement of any other type or types of security or collateral that the corporation considers reasonable or necessary.(5) A loan made under this section may be sold by the corporation, and the corporation may permit other lenders to participate in a loan made under this section, at the time or times and upon the terms and conditions that the corporation considers reasonable or necessary. A loan sold or in which other lenders participate may be guaranteed by the corporation, upon terms and conditions established by the corporation.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-18 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-18. Proceeds of Sales

Sec. 18. All proceeds received by the corporation or the Indiana finance authority from the disposal by sale or in some other manner of property acquired in connection with the guaranty program or otherwise under this chapter shall be credited to the guaranty fund.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-19 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-19. Expense; Reimbursement by Borrower

Sec. 19. Upon the issuance of a loan or a guarantee of a loan or lease, any expenses incurred by the corporation in connection with the loan or guarantee or the projects or operations for which the loan or guarantee is being made shall be reimbursed to the corporation by the borrower, in the case of a loan (to the extent not provided for under section 13 of this chapter), or by the borrower, lender, lessee, or lessor, in the case of a guarantee of a loan or lease, from the proceeds of the loan or the payments under the lease or otherwise.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-20 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-20. Transfer of Funds to the Capital Access Account

Sec. 20. To further the purposes of this chapter and IC 5-1.2-9, and in addition to the corporation's other powers under this chapter, the corporation may transfer funds from the guaranty fund to the capital access account established under IC 5-28-29-35.As added by P.L.162-2007, SEC.25. Amended by P.L.189-2018, SEC.55.
IN Code § 5-28-30-21 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-21. Exemption From Securities Registration Laws

Sec. 21. Any guarantees by the corporation under the guaranty program are exempt from the registration and other requirements of IC 23-19 and any other securities registration laws.As added by P.L.162-2007, SEC.25. Amended by P.L.1-2009, SEC.25.
IN Code § 5-28-30-22 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-22. Power to Procure Insurance

Sec. 22. The corporation may procure insurance or guarantees from any public or private entities, including any department, agency, or instrumentality of the United States, for insurance or reinsurance on amounts paid from the guaranty fund.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-30-23 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 30. Industrial Development Loan Guaranty Program|5-28-30-23. Powers in the Event of Default

Sec. 23. The corporation may take assignments of accounts receivable, loans, guarantees, insurance, notes, mortgages, security agreements securing notes, and other forms of security, attach, seize, or take title by foreclosure or conveyance to any industrial development project when a guaranteed loan on the project is clearly in default and when in the opinion of the authority such an acquisition is necessary to safeguard the guaranty fund, and sell, or on a temporary basis, lease or rent the project for any use.As added by P.L.162-2007, SEC.25.
IN Code § 5-28-32-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 32. Business Development Loan Fund|5-28-32-1. "Fund"

Sec. 1. As used in this chapter, "fund" refers to the business development loan fund.As added by P.L.162-2007, SEC.27.
IN Code § 5-28-32-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 32. Business Development Loan Fund|5-28-32-2. Establishment; Purpose

Sec. 2. The business development loan fund is established. The fund shall be used by the corporation as a nonlapsing, revolving fund.As added by P.L.162-2007, SEC.27.
IN Code § 5-28-32-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 32. Business Development Loan Fund|5-28-32-3. Sources of Money

Sec. 3. The fund consists of the following:(1) Money appropriated by the general assembly.(2) The repayment proceeds of loans made to businesses from the fund.(3) Money received from any other source.As added by P.L.162-2007, SEC.27.
IN Code § 5-28-32-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 32. Business Development Loan Fund|5-28-32-4. Power to Make Loans

Sec. 4. Subject to section 5 of this chapter, the corporation may make a loan from the fund to a business located in Indiana if the corporation makes a written finding that the loan would accomplish the purposes of this chapter by enabling the business to carry out a project or projects that will do any of the following:(1) Improve the technological capacity or productivity of the business.(2) Enhance the protection of Indiana's environment.(3) Permit the business to expand facilities, establish new facilities, or make site improvements or infrastructure improvements.As added by P.L.162-2007, SEC.27.
IN Code § 5-28-32-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 32. Business Development Loan Fund|5-28-32-5. Required Loan Agreement Terms

Sec. 5. With respect to any loan made under section 4 of this chapter, a loan agreement with the corporation must contain the following terms:(1) A requirement that the loan proceeds be used for specified purposes consistent with and in furtherance of the purposes of the corporation under this article.(2) The term of the loan, which must not be later than fifteen (15) years after the date of the loan.(3) The repayment schedule.(4) The interest rate or rates of the loan, which may include variations in the rate, but that may not be less than the amount necessary to cover all expenses of the corporation in making the loan.(5) Any other terms and provisions that the corporation requires.As added by P.L.162-2007, SEC.27.
IN Code § 5-28-34-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 34. Green Industries Fund|5-28-34-1. "Fund"

Sec. 1. As used in this chapter, "fund" means the green industries fund established by section 3 of this chapter.As added by P.L.182-2009(ss), SEC.81.
IN Code § 5-28-34-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 34. Green Industries Fund|5-28-34-2. "Green Industry"

Sec. 2. For the purposes of this chapter, "green industry" means an Indiana business that manufactures products that reduce energy consumption or lower emissions in the market of their intended use, including the following:(1) Biofuels.(2) Advanced technology vehicles.(3) Alternative fuel vehicles and power systems.(4) Clean diesel technology.(5) Domestic appliances.(6) Distributed power generation.(7) Emission control systems.(8) Energy monitoring, management, and efficiency.(9) Fuel cells.(10) Renewable energy.(11) Smart grid technology.(12) Highly insulative building construction products.(13) Construction products manufactured from at least fifty percent (50%) postconsumer products.(14) Other sectors determined by the corporation.As added by P.L.182-2009(ss), SEC.81.
IN Code § 5-28-34-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 34. Green Industries Fund|5-28-34-3. Establishment of Fund

Sec. 3. (a) The green industries fund is established. The fund shall be administered by the corporation in consultation with the Indiana office of energy development established by IC 4-3-23-3.(b) The fund may be used to provide grants and loans to Indiana manufacturing companies for the following purposes:(1) To strengthen Indiana's economy by focusing investment in advanced manufacturing clusters focused on more energy efficient and environmentally sustainable technologies, processes, and products.(2) To accelerate job creation through training and education initiatives to enhance the skills and employment prospects of Indiana's workforce in green industries.(3) To facilitate the redevelopment of Indiana manufacturing sites, facilities, and processes to operate in a more energy efficient and environmentally sustainable manner.(4) To stimulate the development of technologies, processes and products that reduce energy consumption or lower emissions in the market of their intended use.(5) To encourage public-private partnerships focused on development of green industries among Indiana manufacturing companies, public or private educational institutions, nonprofit organizations and charitable foundations, research and development organizations, and state agencies.As added by P.L.182-2009(ss), SEC.81. Amended by P.L.34-2013, SEC.11.
IN Code § 5-28-34-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 34. Green Industries Fund|5-28-34-4. Application for Grants or Loans

Sec. 4. (a) An Indiana manufacturing company may apply for one (1) or more grants or loans from the fund.(b) The corporation shall give priority to applications that meet three (3) or more of the purposes listed in section 3 of this chapter. The corporation shall base the award of a grant or loan on the number and quality of jobs being created, the community's economic need, and the capital investment being made by the applicant.(c) A grant may not exceed fifty percent (50%) of the applicant's project costs.As added by P.L.182-2009(ss), SEC.81.
IN Code § 5-28-39-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 39. Trademarks for Use on Indiana Products|5-28-39-1. "Trademark"

Sec. 1. As used in this chapter, "trademark" has the meaning set forth in IC 24-2-1-2.As added by P.L.237-2017, SEC.41.
IN Code § 5-28-39-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 39. Trademarks for Use on Indiana Products|5-28-39-2. Distinctive Trademark; Registration

Sec. 2. (a) The corporation shall devise a distinctive trademark and register it with the secretary of state under IC 24-2-1. The trademark must indicate in some way that the product to which it is affixed is substantially produced or assembled in Indiana.(b) The corporation shall register the trademark with the United States Patent and Trademark Office.As added by P.L.237-2017, SEC.41.
IN Code § 5-28-39-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 39. Trademarks for Use on Indiana Products|5-28-39-3. Application

Sec. 3. A person may apply to the corporation for permission to use the trademark described in section 2 of this chapter.As added by P.L.237-2017, SEC.41.
IN Code § 5-28-39-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 39. Trademarks for Use on Indiana Products|5-28-39-4. Rules

Sec. 4. The corporation may adopt rules under IC 4-22-2 or establish policies to provide:(1) the conditions under which the trademark described in section 2 of this chapter may be used, which may include such criteria as the extent to which the product is actually produced or assembled in Indiana; and(2) a procedure under which application for use of the trademark may be made.As added by P.L.237-2017, SEC.41.
IN Code § 5-28-40-1 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-1. "Eligible Small Business"

Sec. 1. As used in this chapter, "eligible small business" means a business entity that:(1) is authorized to transact business in Indiana;(2) maintains a majority of its business operations within Indiana; and(3) employs not more than one hundred fifty (150) persons.As added by P.L.158-2019, SEC.3.
IN Code § 5-28-40-2 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-2. "Indiana Institution of Higher Education"

Sec. 2. As used in this chapter, "Indiana institution of higher education" means a public or private college or university that:(1) is located in Indiana;(2) provides research services; and(3) is approved by the corporation for purposes of this chapter.As added by P.L.158-2019, SEC.3.
IN Code § 5-28-40-3 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-3. "Other Authorized Research Provider"

Sec. 3. As used in this chapter, "other authorized research provider" means a research organization, other than an Indiana institution of higher education, that:(1) is located in Indiana;(2) provides research services; and(3) is approved by the corporation for purposes of this chapter.As added by P.L.158-2019, SEC.3.
IN Code § 5-28-40-4 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-4. "Research Services"

Sec. 4. As used in this chapter, "research services" means research and development, technology exploration, technical development, product development, and commercialization intended to foster innovation in an eligible small business.As added by P.L.158-2019, SEC.3.
IN Code § 5-28-40-5 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-5. "Voucher"

Sec. 5. As used in this chapter, "voucher" means a grant to an eligible small business to purchase research services from an Indiana institution of higher education or other authorized research provider.As added by P.L.158-2019, SEC.3.
IN Code § 5-28-40-6 (2021)
2021 Indiana Code|Title 5. State and Local Administration|Article 28. Indiana Economic Development Corporation|Chapter 40. Small Business Innovation Voucher Program|5-28-40-6. Small Business Innovation Voucher Program Established

Sec. 6. (a) The small business innovation voucher program is established to provide vouchers to eligible small businesses to be used by an eligible small business to purchase research and development support or other forms of technical assistance and services from an Indiana institution of higher education or other authorized research provider.(b) The corporation shall administer the program.(c) The program is subject to appropriation from the general assembly.As added by P.L.158-2019, SEC.3.