Ind. Code § 8-15.7-5-5

Current through P.L. 171-2024

Section 8-15.7-5-5 - Distribution of payments received by department under public-private agreement

To the extent that the department receives any payment or compensation under the public-private agreement other than repayment of a loan or grant or reimbursement for services provided by the department to the operator, the payment or compensation shall be distributed at the direction of the department to the:

(1) major moves construction fund established under IC 8-14-14;

(2) department for deposit in the state highway fund established by IC 8-23-9-54;

(3) alternative transportation construction fund established under IC 8-14-17; or

(4) operator or the authority for debt reduction.

IC 8-15.7-5-5

As added by P.L. 47-2006, SEC.40. Amended by P.L. 203-2007, SEC.7.