Indiana Statutes

§ 8-10-4-2 — Revenue bonds; application of bidding and public works statutes; governor approval required

Indiana § 8-10-4-2
JurisdictionIndiana
Art. 10PORTS
Ch. 4Ports of Indiana─Jurisdiction and Bonding Powers

This text of Indiana § 8-10-4-2 (Revenue bonds; application of bidding and public works statutes; governor approval required) 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 § 8-10-4-2 (2026).

Text

(a)In addition to the powers conferred upon the ports of Indiana by other provisions of this article, and subject to subsection (b), the ports of Indiana, in connection with any self-liquidating or nonrecourse project, shall have the following powers notwithstanding any other provision of this article to the contrary:
(1)The revenue bonds issued by the ports of Indiana to finance the cost of such self-liquidating or nonrecourse project may be issued without regard to any maximum interest rate limitation in this article or any other law.
(2)The revenue bonds issued by the ports of Indiana to finance the cost of such self-liquidating or nonrecourse project may be sold in such manner, either at public or private sale, as the ports of Indiana may determine, and the provisions of IC 21-32-3

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Bluebook (online)
Indiana § 8-10-4-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-10-4-2.