{"data":{"id":"us-in/ic-8-10-1-4.5","jurisdiction":"us-in","citation":"IC 8-10-1-4.5","heading":"Certain pledges prohibited","body":"Sec. 4.5. Except as specifically authorized by the general assembly, the ports of Indiana may not pledge, in any form, to:\n(1) seek funding from the state in the event of any default in the payment of revenue bonds; or\n(2) specify, in any form, in an agreement related to revenue bonds that money appropriated by the general assembly may or shall be deposited in a debt service fund or reserve fund for the revenue bonds.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 10. PORTS","Chapter 1. Ports of Indiana─Organization"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-10-1-4.5","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"58706d028eefe1d22903dc607a5f185c7a66f7e85b8ab8aebba3f62e7513e026","source_id":"us-in","stale":false,"prev":"us-in/ic-8-10-1-4","next":"us-in/ic-8-10-1-5"},"notice":"GroundRules: Original legal text. Not legal advice."}