Indiana Code - Taxation - Title 6, Section 6-1.1-21.7-12

Uses of loan proceeds

Sec. 12. The loan proceeds shall be deposited in each fund that
experiences lost revenue, as determined under section 10 of this
chapter. The loan proceeds may be expended for any purpose for
which other money in the fund in which it is deposited may be
expended, including the payment of debts incurred in anticipation of
the receipt of the loan proceeds.

As added by P.L.58-1997, SEC.1.

Last modified: May 28, 2006