Indiana Statutes

§ 5-1.2-9-16 — Financing agreement; payment provisions

Indiana § 5-1.2-9-16
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.2INDIANA FINANCE AUTHORITY
Ch. 9Economic Development Projects

This text of Indiana § 5-1.2-9-16 (Financing agreement; payment provisions) 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 § 5-1.2-9-16 (2026).

Text

A financing agreement approved under this chapter must provide for payments in an amount sufficient to pay the principal of, premium for (if any), and interest on the bonds authorized for the financing of the economic development project. However, interest payments for the anticipated construction period, plus a period of not more than one (1) year, may be funded in the bond issue.

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Legislative History

As added by P.L.189-2018, SEC.25.

Nearby Sections

15
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Bluebook (online)
Indiana § 5-1.2-9-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.2-9-16.