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Current as of January 02, 2024 | Updated by FindLaw Staff
Sec. 11. (a) Bonds issued under IC 8-22-3 may be refunded as provided in this section.
(b) The authority may lease all or a portion of an airport project to the development authority, which may be at a nominal lease rental with a lease back to the authority, conditioned upon the development authority assuming bonds issued under IC 8-22-3 and issuing its bonds to refund those bonds.
Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-22-3.7-11 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-22-3-7-11/
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