Indiana Statutes
§ 5-1.3-5-10 — Transfer of rail project upon payment of obligation in full
Indiana § 5-1.3-5-10
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.3LEASE FINANCING FOR RAIL PROJECTS FOR
Ch. 5Leases
This text of Indiana § 5-1.3-5-10 (Transfer of rail project upon payment of obligation in full) 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 § 5-1.3-5-10 (2026).
Text
The IFA shall certify to the NWIRDA and the
NICTD that all bonds, notes issued, and leases or other obligations
entered into with respect to the rail project or rail projects have been
paid to their final maturity. At that time, the rail project or rail projects
shall be transferred to the NICTD and neither the IFA or the NWIRDA
shall have any further obligation with respect to the rail project or rail
projects.
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Legislative History
As added by P.L.189-2018, SEC.26. Amended by P.L.10-2019,
SEC.29.
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Repealed§ 5-1-10-1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 § 5-1.3-5-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.3-5-10.