15.112 Mass layoffs and business closures.
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/ia/chapter-15-economic-development-authority/15-112A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
If an entity that is awarded a tax incentive or other financial assistance under any of the programs administered by the authority experiences a business closure or a mass layoff for which notice is required under chapter 84C, the authority may reduce or eliminate some or all of the financial assistance awarded by the authority to the entity.
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