Indiana Code Title 5. State and Local Administration § 5-28-18-7

Sec. 7. (a) The small business development fund is established within the state treasury.  The fund is a revolving fund to:

(b) The fund consists of appropriations from the general assembly and loan repayments.

(c) The corporation shall administer the fund.  The following may be paid from money in the fund:

(d) Earnings from loans made under this chapter shall be deposited in the fund.

(e) The treasurer of state shall invest the money in the fund not currently needed to meet the obligations of the fund in the same manner as other public funds may be invested.  Interest that accrues from these investments shall be deposited in the state general fund.

(f) Money in the fund at the end of a state fiscal year does not revert to the state general fund.

(g) The fund is subject to audit by the state board of accounts.  The fund shall bear the full costs of the audit.

(h) With respect to loans or loan guarantees made from the fund before July 1, 2011, references in law or loan documents made to the microenterprise partnership program fund before July 1, 2011, shall be construed after June 30, 2011, as references to the small business development fund.