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§ 8-22-3-7-5 — 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. § 8-22-3-7-5
Indiana Legal Code

§ 8-22-3-7-5

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A '__________ Airport Development Authority' (the blank to be filled in with the name of the eligible entity) may be created by an eligible entity as a separate body corporate and politic and as an instrumentality of the eligible entity to finance airport projects for lease to the authority in that eligible entity. A development authority may be created by ordinance of the legislative body of the eligible entity.As added by P.L.108-1993, SEC.11.