Indiana Statutes

§ 8-5-15-12 — Revenue refunding bonds

Indiana § 8-5-15-12
JurisdictionIndiana
Art. 5COMMUTER RAILWAYS
Ch. 15Commuter Transportation Districts

This text of Indiana § 8-5-15-12 (Revenue refunding 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 § 8-5-15-12 (2026).

Text

(a)The board may provide by resolution for the issuance of revenue refunding bonds of the district or revenue advance refunding bonds of the district, payable solely from revenues, for the purpose of refunding or advance refunding any bonds then outstanding that have been issued under this chapter, including the payment of any redemption premium thereon and any interest accrued or to accrue to the date of redemption of such bonds, and, if considered advisable by the board, for the additional purpose of constructing improvements, extensions, or enlargements of the railroad in connection with which the bonds to be refunded have been issued.
(b)The issuance of the bonds, the maturities and other details of the bonds, the rights of the bondholders, and the rights, duties, and obligations of

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Legislative History

As added by P.L.64-1984, SEC.8.

Nearby Sections

15
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Bluebook (online)
Indiana § 8-5-15-12, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-5-15-12.