Indiana § 8-15.7-9-3 Sources for payment of lease rentals by department

Indiana Statutes

§ 8-15.7-9-3 — Sources for payment of lease rentals by department

Indiana § 8-15.7-9-3

Art. 15.7PUBLIC-PRIVATE PARTNERSHIPS

Ch. 9Issuance of Debt by Authority

This text of Indiana § 8-15.7-9-3 (Sources for payment of lease rentals by department) 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 § 8-15.7-9-3 (2026).

Text

The department shall pay lease rentals for leases that the department has entered into under this chapter that secure bonds issued under this chapter from any legally available revenues, including:

(1)payments received from an operator;

(2)federal highway revenues, subject to the limitations in IC 8-14.5-7;

(3)distributions from the state highway fund; and

(4)other funds available to the department for such purpose.

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The department shall pay lease rentals for
leases that the department has entered into under this chapter that
secure bonds issued under this chapter from any legally available
revenues, including:
(1) payments received from an operator;
(2) federal highway revenues, subject to the limitations in IC 8-14.5-7;
(3) distributions from the state highway fund; and
(4) other funds available to the department for such purpose.