Indiana § 14-27-5-2 - Application for loan
Full text of Indiana Indiana Code § 14-27-5-2 — Application for loan, with citation guidance and answers to common questions.
§ 14-27-5-2. Application for loan
Sec. 2. The board of directors of an association described in section 1 of this chapter may apply to the federal Farmers Home Administration, the United States Department of Housing and Urban Development, or any other agency of the federal government authorized by federal law to make loans for works of improvement for a long term or short term loan to cover the association's expenses in connection with the construction of a levee or ditch and any other required or related improvements, including the following expenses:
(1) General, legal, and administrative expenses.
(2) The acquisition of land rights.
(3) Costs of engineering.
(4) Other costs of necessary construction and maintaining and operating the works of improvement authorized by applicable governmental authority.
[Pre-1995 Recodification Citation: 13-2-29-1(a) part.]
As added by P.L.1-1995, SEC.20.
Frequently Asked Questions About Indiana § 14-27-5-2
What does Indiana Code § 14-27-5-2 cover?
Section 14-27-5-2 ("Application for loan") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 14-27-5-2?
A common citation format is "Indiana Code § 14-27-5-2" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 14-27-5-2 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.