Indiana Statutes

§ 8-14.5-6-2 — Approval; identification of funding objectives

Indiana § 8-14.5-6-2
JurisdictionIndiana
Art. 14.5LEASE FINANCING FOR TRANSPORTATION
Ch. 6Issuance of Bonds and Notes

This text of Indiana § 8-14.5-6-2 (Approval; identification of funding objectives) 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 § 8-14.5-6-2 (2026).

Text

(a)Before the issuance of bonds or notes, the authority must receive the approval of:
(1)the commissioner of the Indiana department of transportation; and
(2)the budget agency.
(b)Before the issuance of bonds or notes, the department shall identify:
(1)the project or projects to be financed from the proceeds of the bonds or notes; or
(2)the project or projects proposed to be financed from the proceeds of the bonds or notes, the projected cost and useful life of which will form a basis upon which the authority may reasonably determine that the limitations in sections 3 and 5(b) of this chapter will be complied with if the proposed project or projects are financed from the bonds or notes.

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Legislative History

As added by P.L.68-1988, SEC.12. Amended by P.L.112-1989, SEC.4; P.L.260-1997(ss), SEC.55.

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Bluebook (online)
Indiana § 8-14.5-6-2, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-14.5-6-2.