Indiana § 5-1.3-4-1 Contracts for rail projects

Indiana Statutes

§ 5-1.3-4-1 — Contracts for rail projects

Indiana § 5-1.3-4-1

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.3LEASE FINANCING FOR RAIL PROJECTS FOR

Ch. 4Contracts

This text of Indiana § 5-1.3-4-1 (Contracts for rail projects) 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 § 5-1.3-4-1 (2026).

Text

(a)The IFA, the NWIRDA, and the NICTD are responsible for the construction, leasing, and ownership of rail projects. With respect to and for the construction of each rail project, the IFA and the NWIRDA or the NICTD may enter into a contract for the purposes set forth in this chapter. The IFA, the NWIRDA, and the NICTD may enter into a separate contract for each rail project or a master contract for several rail projects.

(b)The IFA, the NWIRDA, and the NICTD have all the powers necessary and incidental to carry out the terms and conditions of contracts under this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

(a) The IFA, the NWIRDA, and the NICTD are
responsible for the construction, leasing, and ownership of rail projects.
With respect to and for the construction of each rail project, the IFA
and the NWIRDA or the NICTD may enter into a contract for the
purposes set forth in this chapter. The IFA, the NWIRDA, and the
NICTD may enter into a separate contract for each rail project or a
master contract for several rail projects.
(b) The IFA, the NWIRDA, and the NICTD have all the powers
necessary and incidental to carry out the terms and conditions of
contracts under this chapter.