{"data":{"id":"us-in/ic-8-10-5-8.9","jurisdiction":"us-in","citation":"IC 8-10-5-8.9","heading":"Royalty contracts","body":"Sec. 8.9. With the approval of the governing body creating it, a port authority may sell, lease, or enter into a royalty contract for the natural or mineral resources of land that it owns. Money received from these sources shall be deposited in the nonreverting capital fund of the port authority.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 10. PORTS","Chapter 5. Creation of Port Authorities by Local Governments"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-10-5-8.9","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"e9d70fadca08c7ac7c5feabf1f596dbb7f9f2e255003b8d6c861383666d3a0c1","source_id":"us-in","stale":false,"prev":"us-in/ic-8-10-5-8.7","next":"us-in/ic-8-10-5-9"},"notice":"GroundRules: Original legal text. Not legal advice."}