Ind. Code § 8-14.5-8-5

Current through P.L. 171-2024
Section 8-14.5-8-5 - Authorization to issue bonds or notes

The authority may issue bonds or notes to finance a project approved by the department under this chapter using lease rentals for bond or note repayments. However, the annual payments on all the bonds and notes outstanding may not exceed ten million dollars ($10,000,000).

IC 8-14.5-8-5

Added by P.L. 218-2017,SEC. 68, eff. 7/1/2017.