Indiana § 36-7-16-8 - Loan rates; administration of chapter
Full text of Indiana Indiana Code § 36-7-16-8 — Loan rates; administration of chapter, with citation guidance and answers to common questions.
§ 36-7-16-8. Loan rates; administration of chapter
Sec. 8. (a) Loans made under this chapter shall be made at rates to be determined by the agency. The proceeds of loans shall be used to defray the expense of administering this chapter.
(b) The agency may employ the persons and establish the administrative guidelines required to carry out the purposes of this chapter.
[Pre-Local Government Recodification Citation: 18-7-7.5-10.]
As added by Acts 1981, P.L.309, SEC.35.
IC 36-7-17Chapter 17. Urban Homesteading
36-7-17-1Application of chapter 36-7-17-2Designation of agency to administer program 36-7-17-3Acquisition of property 36-7-17-4Notice to residents of unit 36-7-17-5Applications; eligibility; drawings to determine receipt of dwellings 36-7-17-6Conveyances; duties of recipients 36-7-17-7Conveyances; methods authorized 36-7-17-8Conveyances; effect of purchaser's failure to fulfill agreement; subordination of agency's interest to financial institutions or persons lending money 36-7-17-9Conveyances; fee simple title 36-7-17-10Rules and regulations 36-7-17-11Retention of deed by unit; property deemed municipal property; tax exemption 36-7-17-12Property not applied for in successive drawings; sale; disposition of proceeds
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-7-16-8
What does Indiana Code § 36-7-16-8 cover?
Section 36-7-16-8 ("Loan rates; administration of chapter") 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 § 36-7-16-8?
A common citation format is "Indiana Code § 36-7-16-8" (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 § 36-7-16-8 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.