1. (a) Bonds issued under IC 36-7-12 , IC 36-7-14 , or other applicable law may be refunded as provided in this section.
2. (b) An eligible participant or Indiana nonprofit corporation may sell all or a part of land or an economic improvement project or projects to the commission for a price sufficient to provide for the refunding of those bonds and lease back the land or economic improvement project or projects from the commission.

As added by P.L.141-2025, SEC.1.