Indiana § 8-14.5-5-1 Authority and department powers

Indiana Statutes

§ 8-14.5-5-1 — Authority and department powers

Indiana § 8-14.5-5-1

Art. 14.5LEASE FINANCING FOR TRANSPORTATION

Ch. 5Leases With the Department

This text of Indiana § 8-14.5-5-1 (Authority and department powers) 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 § 8-14.5-5-1 (2026).

Text

(a)In addition to its other powers, the department may enter into a lease or leases with the authority under section 2 or 3 of this chapter for any or all of the purposes set forth in this article.

(b)The authority has all the powers necessary and incidental to carry out the terms and conditions of leases under this chapter.

(c)If the authority and the department decide to enter into a lease under this chapter, the authority and the department may enter into a separate lease for each project or may enter into one (1) or more master leases for several projects.

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(a) In addition to its other powers, the
department may enter into a lease or leases with the authority under
section 2 or 3 of this chapter for any or all of the purposes set forth in
this article.
(b) The authority has all the powers necessary and incidental to
carry out the terms and conditions of leases under this chapter.
(c) If the authority and the department decide to enter into a lease
under this chapter, the authority and the department may enter into a
separate lease for each project or may enter into one (1) or more master
leases for several projects.