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IC 5-1.2-4 – General Powers and Duties | Midpage
Collections
Indiana Code
Title 5
1.2
Chapter 4
IC 5-1.2-4
General Powers and Duties
1
Powers of Indiana finance authority
2
Prohibited activities
3
Issuance of bonds or notes; failure to pay obligations
4
Additional authority powers; capital improvements; northwest Indiana regional development authority; motorsports investment district; local innovation development district
5
Requirements; establishment of terms governing reserves or funding levels
6
Power to borrow money and issue bonds
7
Bonds; liability of authority; pledges as additional security
8
Bonds; liability of state
9
Bonds; issuance; procedure; terms
10
Bonds; authorized provisions
11
Bonds; issue to renew or pay bonds; refund
12
Pledges
13
Bonds; purchase by authority
14
Bonds; trust agreement or indenture
15
Bonds; negotiability
16
Bonds; execution; manual or facsimile signatures
17
Personal liability for acts authorized by affected statutes
18
Funds and accounts; establishment
19
Money; deposit; security; trust funds
20
Money for the payment of bonds; contracts; security
21
Bonds; pledge of state
22
Bonds; exempt from state taxes
23
Bonds; legal investments; securities
24
Application of state laws
25
Bonds; exempt for securities registration
26
Bond holders; right to specific performance
27
Payment of expenses and power to incur indebtedness; limitations; authority budget
28
Property; tax exemption
29
Annual report
30
Participants may invest funds
31
Borrowing money from the authority; issuing and selling bonds to the authority
32
Liability
33
Financial assistance agreement; default by the participant
34
Violations; material misstatement in application
35
Annual report
36
State debt management plan; established by the authority
37.5
Annual report on drinking water testing for lead