Indiana Statutes
§ 5-1.3-3-8 — Grants; authorization
Indiana § 5-1.3-3-8
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.3LEASE FINANCING FOR RAIL PROJECTS FOR
Ch. 3General Provisions
This text of Indiana § 5-1.3-3-8 (Grants; 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 § 5-1.3-3-8 (2026).
Text
The IFA, the NWIRDA, or the NICTD (each
entity referred to in this section as the "grantee") may receive and
accept from any federal or state agency grants for or in aid of the
construction of any rail project and repay any grant to the grantee from
a federal agency if the repayment is necessary to free the grantee from
restrictions that the grantee determines to be in the public interest to
remove, or otherwise required by the terms of the grant. Any repayment
under this section shall be made from funds available to the grantee at
the time the repayment is required and shall be made in a way that does
not impair any contract between the grantee and the owners of its
bonds or notes or any lease of the grantee.
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Legislative History
As added by P.L.189-2018, SEC.26.
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Repealed§ 5-1-10-1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" definedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 5-1.3-3-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.3-3-8.