Indiana § 5-28-9-14 - Priority rating of applicant for loan

Full text of Indiana Indiana Code § 5-28-9-14 — Priority rating of applicant for loan, with citation guidance and answers to common questions.

§ 5-28-9-14. Priority rating of applicant for loan

Sec. 14. (a) The state board of finance and the corporation shall determine and ascribe to an applicant for a loan a priority rating. The rating must be based primarily on the need of the qualified entity for a proposed program or on the need of the small business investment company or minority enterprise small business investment company for the loan as the need is related to the needs of other applicants for loans.

(b) The qualified entities, small business investment companies, or minority enterprise small business investment companies with the highest priority rating shall be given first consideration when loans are made under this chapter. The loans shall be made in descending order as shown by the priority ratings.

As added by P.L.4-2005, SEC.34.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 5-28-9-14

What does Indiana Code § 5-28-9-14 cover?

Section 5-28-9-14 ("Priority rating of applicant 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 § 5-28-9-14?

A common citation format is "Indiana Code § 5-28-9-14" (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 § 5-28-9-14 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.