Indiana § 5-28-29-35 - Capital access account
Full text of Indiana Indiana Code § 5-28-29-35 — Capital access account, with citation guidance and answers to common questions.
§ 5-28-29-35. Capital access account
Sec. 35. (a) The corporation shall establish a capital access account. The corporation shall use the capital access account to carry out the provisions of the capital access program. The capital access account consists of all money that is:
(1) appropriated by the general assembly;
(2) transferred by the corporation from the industrial development guaranty fund; or
(3) transferred by the corporation from the general funds of the corporation.
(b) The expenses of the corporation attributable and allocated by the corporation to the capital access program shall be paid from the capital access account.
As added by P.L.162-2007, SEC.24.
IC 5-28-30Chapter 30. Industrial Development Loan Guaranty Program
5-28-30-1Repealed 5-28-30-1.5"Developer" 5-28-30-2"Guaranty fund" 5-28-30-3"Guaranty program" 5-28-30-4"High growth company with high skilled jobs" 5-28-30-5"Industrial development project" 5-28-30-6"Maturity date" 5-28-30-7"Mortgage" 5-28-30-8"Security agreement" 5-28-30-8.5"User" 5-28-30-9Industrial development project guaranty fund 5-28-30-10Power to guarantee loans and leases 5-28-30-11Conditions 5-28-30-12Power to guarantee an unsecured loan 5-28-30-13Premiums; fees; charges 5-28-30-14Letters of credit 5-28-30-15Legal investments 5-28-30-16Power to allow subordination 5-28-30-17Power to make direct loans 5-28-30-18Proceeds of sales 5-28-30-19Expense; reimbursement by borrower 5-28-30-20Transfer of funds to the capital access account 5-28-30-21Exemption from securities registration laws 5-28-30-22Power to procure insurance 5-28-30-23Powers in the event of default
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-28-29-35
What does Indiana Code § 5-28-29-35 cover?
Section 5-28-29-35 ("Capital access account") 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 § 5-28-29-35?
A common citation format is "Indiana Code § 5-28-29-35" (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 § 5-28-29-35 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.