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§ 5-1-3-5-1 — 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 5 - Leases5-1.3-5-1. Authorization to Enter Into Leases/
  7. § 5-1-3-5-1
Indiana Legal Code

§ 5-1-3-5-1

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(b) The IFA and the NWIRDA have all the powers necessary and incidental to carry out the terms and conditions of leases under this chapter.(c) If the IFA and the NWIRDA decide to enter into a lease under this chapter, the IFA and the NWIRDA may enter into a separate lease for each rail project or may enter into one (1) or more master leases for several rail projects.As added by P.L.189-2018, SEC.26.