Indiana § 5-1.3-3-7 Contracting; authorization

Indiana Statutes

§ 5-1.3-3-7 — Contracting; authorization

Indiana § 5-1.3-3-7

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.3LEASE FINANCING FOR RAIL PROJECTS FOR

Ch. 3General Provisions

This text of Indiana § 5-1.3-3-7 (Contracting; authorization) 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 § 5-1.3-3-7 (2026).

Text

The IFA, the NWIRDA, or the NICTD (each
entity referred to in this section as the "contracting party") may make
and enter into all contracts and agreements necessary or incidental to
the performance of its duties and the execution of its powers under this
article. These contracts or agreements are not subject to any approvals
other than the approval of the contracting party and may be for any
term of years and contain any terms that are considered reasonable by
the contracting party.

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The IFA, the NWIRDA, or the NICTD (each
entity referred to in this section as the "contracting party") may make
and enter into all contracts and agreements necessary or incidental to
the performance of its duties and the execution of its powers under this
article. These contracts or agreements are not subject to any approvals
other than the approval of the contracting party and may be for any
term of years and contain any terms that are considered reasonable by
the contracting party.