Indiana Code § 5-1.3-5-10

Transfer of rail project upon payment of obligation in full
Open in Lexace · Ask the AI about this section
Sec. 10. The IFA shall certify to the NWIRDA and the NICTD that all bonds, notes issued, and leases or other obligations entered into with respect to the rail project or rail projects have been paid to their final maturity. At that time, the rail project or rail projects shall be transferred to the NICTD and neither the IFA or the NWIRDA shall have any further obligation with respect to the rail project or rail projects.   IC 5-1.3-6 Chapter 6. Bonds and Notes               5-1.3-6-1 Authorization to issue and sell bonds and notes             5-1.3-6-2 Requirements             5-1.3-6-3 Notice; action to contest validity             5-1.3-6-4 Execution             5-1.3-6-5 Attributes of bonds and notes             5-1.3-6-6 Sale             5-1.3-6-7 Proceeds; appropriation             5-1.3-6-8 Declaration concerning liability; sources or repayment             5-1.3-6-9 Enforcement             5-1.3-6-10 Exemption from taxation             5-1.3-6-11 Authorization to invest             5-1.3-6-12 Exemption from registration requirements             5-1.3-6-13 Pledges             5-1.3-6-14 Insurance; guaranty             5-1.3-6-15 Agreements for credit enhancement or liquidity support             5-1.3-6-16 Contracts for handling securities and money             5-1.3-6-17 Trust agreement             5-1.3-6-18 Bonds and notes; purchasing; holding; canceling; reselling             5-1.3-6-19 Investment; authorization

‹ Prev All Indiana sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.