§ 8-10-5-2 — Ordinance or resolution authorizing creation; actions by or against; contracts

(a) Any municipal corporation, county, or any
combination of a municipal corporation, municipal corporations,
county, or counties may create a port authority and there may be
created a port authority in a county having a population of more than
four hundred thousand (400,000) and less than seven hundred thousand
(700,000). Such authority may operate in addition to any municipal
authority that may be created under this chapter. A municipal
corporation shall act by ordinance, and a county shall act by resolution
of the county commissioners in authorizing the creation of a port
authority. A port authority created hereunder shall be a body corporate
and politic which may sue and be sued, plead and be impleaded, and
shall have the powers and jurisdiction enumerated in this chapter. The
exercise by such port authority of the powers conferred upon it shall be
deemed to be essential governmental functions of the state of Indiana,
but no port authority shall be immune from liability by reason thereof.
(b) In the exercise of the powers and authorities herein granted said
port authority shall have power to make and enter into any and all
contracts that may be necessary to effectuate the purposes of this
chapter. Except as otherwise expressly provided by this chapter, a
contract made by a port authority is not subject to ratification by any
other board, body, or officer.
Formerly: Acts 1959, c.343, s.2; Acts 1961, c.247, s.2; Acts
1975, P.L.86, SEC.1. As amended by P.L.12-1992, SEC.61;
P.L.49-2010, SEC.1; P.L.11-2023, SEC.37.