Sec. 5. The department shall pay lease rentals for leases entered into under this chapter and securing bonds issued under IC 8-14.5-6 from revenues transferred to the state highway road construction and improvement fund or the crossroads 2000 fund before making any other disbursements from those funds. The department shall pay lease rentals for leases entered into under this chapter and for securing grant anticipation revenue bonds or notes issued under IC 8-14.5-7 from federal highway revenues (as defined in IC 8-14.5-7-2 ) transferred to the grant anticipation fund before making any other disbursements from the grant anticipation fund. IC 8-14.5-6 Chapter 6. Issuance of Bonds and Notes 8-14.5-6-1 Bond and note authorization 8-14.5-6-2 Approval; identification of funding objectives 8-14.5-6-3 Weighted average useful life of project; term of bonds and interest 8-14.5-6-4 Notice of bond issue; publication; time for contesting validity; subsequent leases 8-14.5-6-5 Bond and note provisions; weighted average life 8-14.5-6-6 Manual or facsimile signatures; seal 8-14.5-6-7 Negotiable instrument nature of bonds or notes 8-14.5-6-8 Public or negotiated sale 8-14.5-6-9 Appropriated purpose of proceeds; maturities 8-14.5-6-10 Bonds or notes of authority not state indebtedness; funds from which payable 8-14.5-6-11 Enforcement of article and undertaking 8-14.5-6-12 Tax exemption 8-14.5-6-13 Bonds and notes as legal investment 8-14.5-6-14 Security registration exemption 8-14.5-6-15 Pledges 8-14.5-6-16 Insurance or guaranty of payment 8-14.5-6-17 Credit enhancement or liquidity support agreements 8-14.5-6-18 Service agreements with financial institutions 8-14.5-6-19 Trust agreements or resolutions 8-14.5-6-20 Authority purchase of its own bonds or notes 8-14.5-6-21 Investment of authority funds
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