1. (a) A county may establish a separate municipal corporation to be known as the "______________ County Toll Road Authority" (including the name of the county seat and county) for the purposes of:

   1. (1) acquiring land; and
   2. (2) financing, constructing, reconstructing, and operating county toll roads.
2. (b) Any two (2) or more counties, acting under IC 36-1-7 , may establish a municipal corporation under subsection (a).

As added by P.L.386-1987(ss), SEC.20.