15G.113 - OPPORTUNITIES AND THREATS.
15G.113 OPPORTUNITIES AND THREATS.Section History: Recent Form
1. The department, with the approval of the board, may award
financial assistance from the fund to a business, an individual, a
development corporation, a nonprofit organization, an organization
established in section 28H.1, or a political subdivision of this
state if, in the opinion of the department, a project presents a
unique opportunity for economic development in this state, or if the
project addresses a situation constituting a threat to the continued
economic prosperity of this state.
2. The board shall adopt rules governing the eligibility of
projects for financial assistance pursuant to this section.
2009 Acts, ch 123, §4
Referred to in § 15G.111
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