15G.113 - OPPORTUNITIES AND THREATS. - Iowa Statutes

15G.113 OPPORTUNITIES AND THREATS. 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.          Section History: Recent Form 2009 Acts, ch 123, §4 Referred to in § 15G.111