Indiana Statutes

§ 5-1.3-5-3 — Transfers, leases, and leasebacks

Indiana § 5-1.3-5-3
JurisdictionIndiana
Title 5STATE AND LOCAL ADMINISTRATION
Art. 1.3LEASE FINANCING FOR RAIL PROJECTS FOR
Ch. 5Leases

This text of Indiana § 5-1.3-5-3 (Transfers, leases, and leasebacks) 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 § 5-1.3-5-3 (2026).

Text

The NWIRDA may sell, transfer, or convey by any means any rail project to the IFA through negotiation of a lease. The NWIRDA may lease any existing rail project system or property under its control to the IFA for construction of a rail project. The rail project may be leased back to the NWIRDA.

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Legislative History

As added by P.L.189-2018, SEC.26.

Nearby Sections

15
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Bluebook (online)
Indiana § 5-1.3-5-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/5-1.3-5-3.