{"data":{"id":"us-in/ic-8-18-21-5","jurisdiction":"us-in","citation":"IC 8-18-21-5","heading":"Revenue bonds; issuance; source of payment","body":"Sec. 5. (a) For the purpose of obtaining money to pay the cost of:\n(1) constructing toll road facilities;\n(2) acquiring land;\n(3) repaying any advances for preliminary expenses made to the authority by an eligible entity; or\n(4) refinancing any loan made under this chapter;\nthe board of directors of a toll road authority may issue revenue bonds of the authority.\n(b) The bonds are payable solely from the income and revenues of the toll road facilities for which the bonds were issued.","path":["TITLE 8. UTILITIES AND TRANSPORTATION","ARTICLE 18. COUNTY ROADS─FINANCING AND BONDING","Chapter 21. County Toll Road Financing"],"source_url":"https://iga.in.gov/ic/2026/Title_8.html#8-18-21-5","current_through":"2026","vintage":"2026","retrieved_at":"2026-10-04T20:08:46Z","sha256":"32e7171bd77d2c58cd92821610eaec303a329d3d0637b74b9de07e924e216fe6","source_id":"us-in","stale":false,"prev":"us-in/ic-8-18-21-4","next":"us-in/ic-8-18-21-6"},"notice":"GroundRules: Original legal text. Not legal advice."}