Indiana Statutes
§ 8-23-3-11 — Deposit of revenue in grant anticipation fund
Notwithstanding any other provision of this
chapter, if grant anticipation revenue bonds or notes have been issued
under IC 8-14.5-7, the department shall collect or cause to be collected
federal highway revenues (as defined in IC 8-14.5-7-2) and shall, as
provided by the department in the revenue declaration relating to the
issuance of the grant anticipation revenue bonds or notes, deposit or
cause to be deposited the specified part of the federal highway
revenues in the grant anticipation fund.
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Legislative History
As added by P.L.246-2005, SEC.85.
Nearby Sections
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§ 8-1-1-11
Staff of commission§ 8-1-1-12
Repealed§ 8-1-1-13
Repealed§ 8-1-1-14
Annual report§ 8-1-1-15
Implementing rules; duration§ 8-1-1-16
Commission to consider effect of governmental requirements upon
utility's operational expenses§ 8-1-1-4
Repealed§ 8-1-1-4.1
Payment of expenses§ 8-1-1-6
Repealed