Title 5, TITLE 5. STATE AND LOCAL ADMINISTRATION

Sec. 6. Bonds or notes of the bank may be sold at public or private sale at the price the board determines. If bonds or notes of the bank are to be sold at public sale, the bank shall follow IC 5-1-11 and shall publish notice of the sale as required by IC 5-3-1 for the sale of bo…

Sec. 7. The bank may from time to time issue its notes under this article and pay and retire the principal of the notes or pay the interest due thereon or fund or refund the notes from proceeds of bonds or of other notes or from other funds or money of the bank available for that…

resolution; expenses Sec. 8. (a) Any bonds or notes issued under this chapter may be secured by the board by a trust agreement by and between the board and a corporate trustee, which may be any trust company or bank having the powers of a trust company within or outside the state…

Sec. 9. The bank may purchase bonds or notes of the bank out of its funds or money available for the purchase of its own bonds and notes. The bank may hold, cancel, or resell the bonds or notes subject to, and in accordance with, agreements with holders of its bonds or notes. Unl…

Sec. 1. As used in this chapter, "counselor" refers to the public access counselor appointed under section 6 of this chapter. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 10. The counselor has the following powers and duties: (1) To establish and administer a program to train public officials and educate the public on the rights of the public and the responsibilities of public agencies under the public access laws. The counselor may contract …

Sec. 11. The counselor may employ additional personnel necessary to carry out the functions of the office subject to the approval of the budget agency. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 12. The counselor shall submit a report in an electronic format under IC 5-14-6 not later than June 30 of each year to the legislative services agency concerning the activities of the counselor for the previous year. The report must include the following information: (1) The…

Sec. 13. An informal inquiry or other request for assistance under this chapter does not delay the running of a statute of limitation that applies to a lawsuit under IC 5-14-1.5 or IC 5-14-3 concerning the subject matter of the inquiry or other request. As added by P.L.70-1999, S…

Sec. 14. (a) An education fund is established to provide funds for the program established under section 10(1) of this chapter. (b) The fund consists of the following: (1) Civil penalties collected under IC 5-14-1.5-7.5 and IC 5-14-3-9.5. (2) Money appropriated by the general ass…

Sec. 2. As used in this chapter, "office" refers to the office of the public access counselor established under section 5 of this chapter. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 3. As used in this chapter, "public access laws" refers to: (1) IC 5-14-1.5; (2) IC 5-14-3; or (3) any other state statute or rule governing access to public meetings or public records. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 4. As used in this chapter, "public agency" has the meaning set forth in: (1) IC 5-14-1.5-2 for purposes of matters concerning public meetings; and (2) IC 5-14-3-2 for purposes of matters concerning public records. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.…

Sec. 5. The office of the public access counselor is established. The office shall be administered by the public access counselor appointed under section 6 of this chapter. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 6. The governor shall appoint a public access counselor for a term of four (4) years at a salary to be fixed by the governor. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 7. The governor may remove the counselor for cause. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 8. If a vacancy occurs in the office, the governor shall appoint an individual to serve for the remainder of the counselor's unexpired term. As added by P.L.70-1999, SEC.4 and P.L.191-1999, SEC.4.

Sec. 9. (a) The counselor must be a practicing attorney. (b) The counselor shall apply the counselor's full efforts to the duties of the office and may not be actively engaged in any other occupation, practice, profession, or business. As added by P.L.70-1999, SEC.4 and P.L.191-1…

of revenues or funds of bank; limitation on amount outstanding; exception to limitation Sec. 1. (a) The bank may issue its bonds or notes in principal amounts that it considers necessary to provide funds for any purposes under this article, including: (1) the purchase or acquisit…

Sec. 10. Subject to IC 5-1.5-8-2, all securities purchased, held, or owned by the bank, upon delivery to the bank, must be accompanied by all documentation required by the board. As added by P.L.25-1984, SEC.1. Amended by P.L.43-1985, SEC.17.

Sec. 2. (a) A bond or note of the bank: (1) is not a debt, liability, loan of the credit, or pledge of the faith and credit of the state or of any qualified entity; (2) is payable solely from the money pledged or available for its payment under this article, unless funded or refu…

Sec. 3. The bonds and notes of the bank are negotiable instruments for all purposes of the Uniform Commercial Code, IC 26-1, subject only to the provisions of the bonds and notes for registration. As added by P.L.25-1984, SEC.1.

of interest; redemption; prior approval Sec. 4. (a) Bonds or notes of the bank must be authorized by resolution of the board, may be issued in one (1) or more series, and must: (1) bear the date; (2) mature at the time or times; (3) be in the denomination; (4) be in the form; (5)…

notice; action to set aside resolution Sec. 5. (a) Upon the adoption of a resolution authorizing the issuance of bonds or notes, the bank may publish notice of the adoption once each week for two (2) weeks in two (2) newspapers published and of general circulation in the city of …

Sec. 6. Bonds or notes of the bank may be sold at public or private sale at the price the board determines. If bonds or notes of the bank are to be sold at public sale, the bank shall follow the provisions of IC 5-1-11 and shall publish notice of the sale in accordance with IC 5-…

funding or refunding Sec. 7. The bank may from time to time issue its notes under this article and pay and retire the principal of the notes or pay the interest due thereon or fund or refund the notes from proceeds of bonds or of other notes, or from other funds or money of the b…

held considered held for resale or transfer Sec. 9. The bank may purchase bonds or notes of the bank out of its funds or money available for the purchase of its own bonds and notes. The bank may hold, cancel, or resell the bonds or notes subject to, and in accordance with, agreem…

As added by P.L.69-1989, SEC.4. Amended by P.L.181-2006, SEC.28. Repealed by P.L.133-2012, SEC.33.

As added by P.L.69-1989, SEC.4. Repealed by P.L.27-1993, SEC.26.

Sec. 10.1. The authority and the board for depositories shall establish procedures to insure repayment of the loan principal at the end of the loan term. The procedures may include purchase of a zero coupon bond to insure the loan principal, a requirement that a percentage of the…

Sec. 11. (a) At least fifty percent (50%) of the resources of the fund shall be allocated to recognized nonprofit corporations under Section 501(c) of the Internal Revenue Code. (b) The resources of the fund that are not allocated under subsection (a) may be allocated to private …

Sec. 12. Rental housing that is developed with money from the fund shall be made available for occupancy to low income families or very low income families for at least fifteen (15) years. In the event of foreclosure or equivalent action, the remaining affordability period may be…

requirements Sec. 13. A developer that uses funds from the fund shall certify to the authority that the developer will comply with the following: (1) The federal Civil Rights Act of 1968 (P.L. 90-284). (2) The federal Fair Housing Amendments of 1988 (P.L. 100-430). (3) The Indian…

Sec. 14. The authority shall establish written policies and procedures to implement this chapter. These policies and procedures shall include the following: (1) The development of an application process for requesting financial assistance under this chapter. (2) The establishment…

As added by P.L.69-1989, SEC.4. Amended by P.L.2-1992, SEC.56; P.L.23-1993, SEC.19; P.L.4-1993, SEC.8; P.L.5-1993, SEC.19; P.L.215-2001, SEC.9; P.L.181-1006, SEC.29. Repealed by P.L.133-2012, SEC.34.

As added by P.L.69-1989, SEC.4. Repealed by P.L.133-2012, SEC.35.

Sec. 2. As used in this chapter, "families" has the meaning set forth in 42 U.S.C. 1437a(b)(3). As added by P.L.69-1989, SEC.4.

Sec. 3. As used in this chapter, "authority" refers to the Indiana housing and community development authority established under IC 5-20-1. As added by P.L.69-1989, SEC.4. Amended by P.L.1-2006, SEC.113; P.L.181-2006, SEC.29; P.L.1-2007, SEC.31.

Sec. 4. As used in this chapter, unless the context requires otherwise, "fund" refers to the affordable housing and community development fund established by section 7 of this chapter. As added by P.L.69-1989, SEC.4. Amended by P.L.181-2006, SEC.30.

Sec. 5. As used in this chapter, "lower income families" means families whose income does not exceed eighty percent (80%) of the median income for the area. As added by P.L.69-1989, SEC.4.

Sec. 6. As used in this chapter, "very low income families" means families whose income does not exceed fifty percent (50%) of the median for the area. As added by P.L.69-1989, SEC.4.

disposition of remaining money; interest Sec. 7. (a) There is established the affordable housing and community development fund. The fund shall be administered by the authority under the direction of the authority's board. (b) The fund consists of the following resources: (1) App…

Sec. 8. (a) The money in the fund shall be used to provide financial assistance in the form of: (1) grants; (2) loans; and (3) loan guarantees. In addition, money from the fund may be used to provide technical assistance to nonprofit developers of low income housing. (b) The fina…

Sec. 9. The board for depositories shall determine the terms of the loan from the board for depositories insurance fund under section 8 of this chapter that must include the following: (1) That the duration of the loan may not exceed twenty (20) years from the date of the executi…

Sec. 1. (a) Except as provided in this chapter, the Indiana department of administration created by IC 4-13-1-2 is the purchasing agency for all agencies of the executive branch. (b) Except as provided in this chapter, the individuals designated by the commissioner of the Indiana…

Sec. 2. (a) Except as provided in subsection (c), the Indiana department of transportation is the purchasing agency for the Indiana department of transportation. (b) Except as provided in subsection (c), the individuals designated by the commissioner of the Indiana department of …

Sec. 3. (a) Except as provided in subsections (c) and (d), a court in the judicial branch is the purchasing agency for that court. (b) The individuals designated by a court are the purchasing agents for that court. (c) Notwithstanding subsections (a) and (b), if a county has esta…

agencies under jurisdiction of legislative council Sec. 4. (a) Except as provided in subsection (e), the house of representatives is the purchasing agency for the house of representatives. The individuals designated by the speaker of the house of representatives are the purchasin…

Sec. 5. (a) The purchasing agency for a political subdivision is the person designated by law or by rule of the governmental body. (b) The individuals designated by the purchasing agency are the purchasing agents for the governmental body. As added by P.L.49-1997, SEC.1.

Sec. 6. A purchasing agency may have more than one (1) purchasing agent. As added by P.L.49-1997, SEC.1.