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Indiana Code Title 4. State Offices and Administration § 4-33-23-11

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 11. (a) A party that is not the development provider may not be a for-profit person.

(b) A specified recipient may not be a for-profit person.

(c) A specified recipient who disburses part or all of an economic development payment to an unspecified recipient has a duty to ensure that the expenditures made by the unspecified recipient directly advance the stated purposes of the economic development payment.

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Cite this article: FindLaw.com - Indiana Code Title 4. State Offices and Administration § 4-33-23-11 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-4-state-offices-and-administration/in-code-sect-4-33-23-11/

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