IC 36-7-23 – Multiple County Infrastructure Authority | Midpage

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Indiana Code

Chapter 23

IC 36-7-23

Multiple County Infrastructure Authority

1"Authority" defined 2"Board" defined 3Repealed 3.7Applicability of chapter 4Establishment; public body corporate and politic; multiple county participation; distribution of funds 5Purpose; activities 6Repealed 7Eminent domain 8Contracts with political subdivisions 9Board of directors 10Appointed members of board of directors 11Terms of office 12Vacancy on board of directors 13Compensation and expenses of board members 14Repealed 15Officers of board of directors 16Vacancies in offices of board of directors 17Quorum; proxies 18Meetings 19Powers and duties 20Bylaws, rules, and regulations 21Broad construction of board's powers 22Revenue bond resolutions 23Amount of bonds sold 24Disclosures on face of bond 25Execution, attestation, and authentication of bonds 26Negotiability of bonds 27Sale of bonds 28Disposition of bond proceeds; bond maturities; rights of bondholders; rights and duties of directors 29Bonds payable from and secured by authority revenues only 30Covenant not to impair taxes pledged to bonds 31Long term management plan 32Executive director 33Powers and duties of executive director 34Salaries; expenses of board, authority, employees, and consultants 35Minutes of board; records and documents of authority 36Officers, agents, and employees; legal counsel; technical experts 37Delegation of administrative duties 38Personnel policies 39Authority employees not employees of state 40Conflict of interest disclosure 41Nonparticipation of director or employer with conflicting interest 42Officers and employees of state or political subdivisions 43Personal liability of directors, officers, employees, and agents 44Funds and accounts 45Deposit of funds 46Authority funds as trust funds 47Audit of funds and accounts 48Authority property as public property; tax exemption 49Payment of expenses; indebtedness or liability of state or political subdivision 50Annual report 51Operating and financial statement 52Fees, rates, and charges for use of infrastructures 53Lease of infrastructures 54Corporations permitted to lease infrastructures to authorities 55Securities exempt from registration laws 56Bonds exempt from taxation 57Revenues of authority exempt from taxation 58Financing methods 59Full authority to issue bonds without state approval; construction with other statutes conferring powers