Indiana § 5-28-18-6 - Findings of fact; state policy
Full text of Indiana Indiana Code § 5-28-18-6 — Findings of fact; state policy, with citation guidance and answers to common questions.
§ 5-28-18-6. Findings of fact; state policy
Sec. 6. (a) The general assembly makes the following findings of fact:
(1) There exists in Indiana an inadequate amount of locally managed, pooled investment capital in the private sector available to invest in new and existing business ventures, including business ventures by nontraditional entrepreneurs.
(2) Investing capital and business management advice in new and existing business ventures, including business ventures by nontraditional entrepreneurs, will enhance economic development and create and retain employment in Indiana. This investment will enhance the health and general welfare of the people of Indiana, and it constitutes a public purpose.
(3) Nontraditional entrepreneurs have not engaged in entrepreneurship and self-employment to the extent found in the mainstream of Indiana's population. Realizing the potential of these nontraditional entrepreneurs will enhance Indiana's economic vitality.
(b) It is the policy of the state to promote economic development and entrepreneurial talent of Indiana's inhabitants by the creation of the small business development fund for the public purpose of promoting opportunities for gainful employment and business opportunities.
As added by P.L.4-2005, SEC.34. Amended by P.L.87-2011, SEC.5.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-28-18-6
What does Indiana Code § 5-28-18-6 cover?
Section 5-28-18-6 ("Findings of fact; state policy") 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 § 5-28-18-6?
A common citation format is "Indiana Code § 5-28-18-6" (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 § 5-28-18-6 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.