Ind. Code § 8-10-5-8.9
Current through P.L. 171-2024
With the approval of the governing body creating it, a port authority may sell, lease, or enter into a royalty contract for the natural or mineral resources of land that it owns. Money received from these sources shall be deposited in the nonreverting capital fund of the port authority.
IC 8-10-5-8.9