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§ 5-1-3-2-3 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 5 - State and Local Administration/
  5. Article 1.3 - Lease Financing for Rail Projects for the Northwest Indiana Regional Development Authority and the Northern Indiana Commuter Transportation District/
  6. Chapter 2 - Definitions5-1.3-2-1. Applicability/
  7. § 5-1-3-2-3
Indiana Legal Code

§ 5-1-3-2-3

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'Capitalized interest' means interest cost on bonds or notes before and during the period of construction of the rail project for which the bonds or notes were issued, and for a period not to exceed two (2) years after completion of construction.As added by P.L.189-2018, SEC.26.