GroundRules
IC 8-14.5-8-5: Authorization to issue bonds or notes
Where this section sits in the code
- TITLE 8. UTILITIES AND TRANSPORTATION
- ARTICLE 14.5. LEASE FINANCING FOR TRANSPORTATION SYSTEMS
- Chapter 8. Railroad Crossing Remediation Projects
Sec. 5. The authority may issue bonds or notes to finance a project approved by the department under this chapter using lease rentals for bond or note repayments. However, the annual payments on all the bonds and notes outstanding may not exceed ten million dollars ($10,000,000).
Collected 2026-10-04T20:08:46Z. Source file · JSON