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§ 8-22-3-7-11 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 8 - Utilities and Transportation/
  5. Article 22 - Airports/
  6. Chapter 3.7 - Airport Development Authority8-22-3.7-1. "Airport Project"/
  7. § 8-22-3-7-11
Indiana Legal Code

§ 8-22-3-7-11

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(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.As added by P.L.108-1993, SEC.11.