Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 5-1-2-9-16 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 5 - State and Local Administration/
  5. Article 1.2 - Indiana Finance Authority/
  6. Chapter 9 - Economic Development Projects5-1.2-9-1. Purposes of This Chapter/
  7. § 5-1-2-9-16
Indiana Legal Code

§ 5-1-2-9-16

Ask AI about this
A financing agreement approved under this chapter must provide for payments in an amount sufficient to pay the principal of, premium for (if any), and interest on the bonds authorized for the financing of the economic development project. However, interest payments for the anticipated construction period, plus a period of not more than one (1) year, may be funded in the bond issue.As added by P.L.189-2018, SEC.25.