63A-3-402. Infrastructure funds established -- Purpose of funds -- Use of money in funds.
(1) There are created, as enterprise revolving loan funds: the inland port infrastructure revolving loan fund; the point of the mountain infrastructure revolving loan fund; the fairpark area development revolving loan fund; and the military development infrastructure revolving loan fund.
(2) The purpose of each infrastructure fund is to provide funding, through infrastructure loans, for infrastructure projects undertaken by a borrower.
(3) Money in an infrastructure fund may be used only to provide loans for infrastructure projects. The division may not loan money in an infrastructure fund without the approval of: the respective loan approval body; and the Executive Appropriations Committee of the Legislature, for a loan from the inland port fund, the point of the mountain fund, or the fairpark area development fund.