{"data":{"id":"us-in/ic-8-14.5-6-2","jurisdiction":"us-in","citation":"IC 8-14.5-6-2","heading":"Approval; identification of funding objectives","body":"Sec. 2. (a) Before the issuance of bonds or notes, the authority must receive the approval of:\n(1) the commissioner of the Indiana department of transportation; and\n(2) the budget agency.\n(b) Before the issuance of bonds or notes, the department shall identify:\n(1) the project or projects to be financed from the proceeds of the bonds or notes; or\n(2) the project or projects proposed to be financed from the proceeds of the bonds or notes, the projected cost and useful life of which will form a basis upon which the authority may reasonably determine that the limitations in sections 3 and 5(b) of this chapter will be complied with if the proposed project or projects are financed from the bonds or notes.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 14.5. LEASE FINANCING FOR TRANSPORTATION SYSTEMS","Chapter 6. Issuance of Bonds and Notes"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-14.5-6-2","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"42c7c854dcb1c2347790e4237b09da3a7a18ed64098105f6a51d7c10326a9479","source_id":"us-in","stale":false,"prev":"us-in/ic-8-14.5-6-1","next":"us-in/ic-8-14.5-6-3"},"notice":"GroundRules: Original legal text. Not legal advice."}