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
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Bluebook (online)
Indiana § 5-1.3-5-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.3-5-10.