Indiana Code § 8-5-15-6

Conditions on grant
Open in Lexace · Ask the AI about this section
Sec. 6. Any commuter transportation system receiving assistance from a district shall, as a condition of the grant: (1) submit its operating budget for passenger service rendered to the district for public hearings annually at least ninety (90) days before the beginning of the system's fiscal year; (2) permit the Indiana department of transportation ( IC 8-23-2 ) to audit the financial books and records of the system as the department would audit any intrastate railroad; and (3) assume the responsibility for operation and maintenance of the equipment in accordance with a lease agreement executed between the system and district. [Pre-Local Government Recodification Citation: 19-5-2.6-7.]

‹ 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.