Indiana Statutes
§ 5-1.2-16-11 — Grant termination; conditions
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 1.2 INDIANA FINANCE AUTHORITY·Ch. 16 Bond Ceiling
The authority may establish conditions for the termination of a grant of volume cap. The conditions may include requirements such as the following:
(1)That the amount of volume cap granted may not be
substantially higher than the amount of actual bonds issued.
(2)That the issuer issue bonds within the time specified by the
authority.
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Legislative History
As added by P.L.189-2018, SEC.25.
Nearby Sections
15
§ 5-1-1-1
Validation§ 5-1-1-2
Repealed§ 5-1-10-1
Issuance; purpose; restrictions§ 5-1-11-7
Restrictions on powers§ 5-1-11.5-1
"ADM"§ 5-1-11.5-2
"Bonds"§ 5-1-11.5-3
Application to certain school corporations§ 5-1-12-1
"Municipal corporation" defined