Sec. 6. (a) When a grantee accepts a grant award, the department shall pay the grantee seventy-five percent (75%) of the grant for the project.
(b) The remaining twenty-five percent (25%) of the grant shall be paid to the grantee after the:
(1) grantee submits the final report to the department; and
(2) department has audited and approved in writing the final expenditures.
[Pre-1996 Recodification Citation: 13-7-33-11.]
As added by P.L.1-1996, SEC.10.