Indiana § 8-14.5-6-11 Enforcement of article and undertaking

Indiana Statutes

§ 8-14.5-6-11 — Enforcement of article and undertaking

Indiana § 8-14.5-6-11

Art. 14.5LEASE FINANCING FOR TRANSPORTATION

Ch. 6Issuance of Bonds and Notes

This text of Indiana § 8-14.5-6-11 (Enforcement of article and undertaking) 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 § 8-14.5-6-11 (2026).

Text

The provisions of this article and the
covenants and undertakings of the authority as expressed in any
proceedings preliminary to or in connection with the issuance of the
bonds or notes may be enforced, subject to the provisions of any
resolution or trust agreement, by a bond or note owner by action for
injunction or mandamus against the authority or any officer, agent, or
employee of the authority. However, no action for monetary judgment
may be brought against the state for any violations of this article or for
payment of the bonds or notes of the authority.

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The provisions of this article and the
covenants and undertakings of the authority as expressed in any
proceedings preliminary to or in connection with the issuance of the
bonds or notes may be enforced, subject to the provisions of any
resolution or trust agreement, by a bond or note owner by action for
injunction or mandamus against the authority or any officer, agent, or
employee of the authority. However, no action for monetary judgment
may be brought against the state for any violations of this article or for
payment of the bonds or notes of the authority.