(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.As added by P.L.82-2011, SEC.1. Amended by P.L.6-2012, SEC.22.
Indiana Legal Code