(a) The authority may sell loans, evidences of other financial assistance, and other obligations evidencing the loans or other financial assistance from the water infrastructure assistance fund:(1) periodically;(2) at any price; and(3) on terms acceptable to the authority.(b) Proceeds of sales under subsection (a) shall be deposited in:(1) the water infrastructure assistance fund;(2) the wastewater revolving loan fund established by IC 5-1.2-10;(3) the drinking water revolving loan fund established by IC 5-1.2-10; or(4) the supplemental drinking water and wastewater assistance fund established by IC 5-1.2-11;at the direction of the authority.As added by P.L.189-2018, SEC.25.
Indiana Legal Code