Indiana § 5-1.2-14-12 Requirement to maintain sufficient user charges

Indiana Statutes

§ 5-1.2-14-12 — Requirement to maintain sufficient user charges

Indiana § 5-1.2-14-12

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 14Water Infrastructure Assistance Program

This text of Indiana § 5-1.2-14-12 (Requirement to maintain sufficient user charges) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 5-1.2-14-12 (2026).

Text

The authority shall, if appropriate, require a participant receiving a loan or other financial assistance from the water infrastructure assistance fund to establish under applicable law and maintain sufficient user charges or other charges, fees, taxes, special assessments, or revenues available to the participant to:

(1)operate and maintain its water system or wastewater collection and treatment system; and

(2)pay the obligations of its water system or wastewater collection and treatment system, including all debt service associated with financial assistance from the water infrastructure assistance fund.

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The authority shall, if appropriate, require
a participant receiving a loan or other financial assistance from the
water infrastructure assistance fund to establish under applicable law
and maintain sufficient user charges or other charges, fees, taxes,
special assessments, or revenues available to the participant to:
(1) operate and maintain its water system or wastewater collection
and treatment system; and
(2) pay the obligations of its water system or wastewater
collection and treatment system, including all debt service
associated with financial assistance from the water infrastructure
assistance fund.