Indiana Statutes
§ 8-5-15-12 — Revenue refunding bonds
(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
§ 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Repealed§ 8-1-1-13
Repealed§ 8-1-1-14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Repealed§ 8-1-1-4.1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Repealed