Indiana § 8-15-1-1 Eligibility of bonds

Indiana Statutes

§ 8-15-1-1 — Eligibility of bonds

Indiana § 8-15-1-1

Art. 15TOLL ROADS

Ch. 1Authorization to Purchase Toll Road Bonds

This text of Indiana § 8-15-1-1 (Eligibility of bonds) 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 § 8-15-1-1 (2026).

Text

Every financial institution, insurance company
and trust fund, in addition to the investments now authorized by law,
is authorized to invest any of its funds of any kind or character in any
toll road revenue bonds of the state issued by the Indiana department
of transportation pursuant to IC 8-15-2, and such bonds are hereby
declared eligible for deposit by any financial institution, insurance
company, or trust fund under any law of this state providing for the
deposit of securities or funds.
Formerly: Acts 1953, c.131, s.1. As amended by Acts 1980,
P.L.74, SEC.221; P.L.18-1990, SEC.127.

Free access — add to your briefcase to read the full text and ask questions with AI

Every financial institution, insurance company
and trust fund, in addition to the investments now authorized by law,
is authorized to invest any of its funds of any kind or character in any
toll road revenue bonds of the state issued by the Indiana department
of transportation pursuant to IC 8-15-2, and such bonds are hereby
declared eligible for deposit by any financial institution, insurance
company, or trust fund under any law of this state providing for the
deposit of securities or funds.
Formerly: Acts 1953, c.131, s.1. As amended by Acts 1980,
P.L.74, SEC.221; P.L.18-1990, SEC.127.