Ind. Code § 36-9-3-17

Current through P.L. 171-2024
Section 36-9-3-17 - Acquisition and construction of transportation facilities

At the request of the public transportation system serving the territory of the authority, the authority may:

(1) construct or acquire any public transportation facility for use by the authority or any transportation agency; and
(2) acquire transportation facilities from any transportation agency, including:
(A) reserve funds;
(B) employees' pension or retirement funds;
(C) special funds;
(D) franchises;
(E) licenses;
(F) patents;
(G) permits; and
(H) papers and records of the agency.

In making acquisitions from a transportation agency, the authority may assume the obligations of the agency regarding its property or public transportation operations.

IC 36-9-3-17

Pre-Local Government Recodification Citation: 19-5-2.5-14.

As added by Acts1981 , P.L. 309, SEC.76.