Sec. 16. The authority may obtain from a department or agency of the state or of the United States, or from a nongovernmental insurer, available insurance or guaranty for the payment or repayment of interest or principal, or both, or any part of interest or principal, or any debt service reserve funds, on bonds or notes issued by the authority, or on securities purchased or held by the authority.
As added by P.L.68-1988, SEC.12.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 14.5. Lease Financing for Transportation Systems
Chapter 6. Issuance of Bonds and Notes
8-14.5-6-1. Bond and Note Authorization
8-14.5-6-2. Approval; Identification of Funding Objectives
8-14.5-6-3. Weighted Average Useful Life of Project; Term of Bonds and Interest
8-14.5-6-4. Notice of Bond Issue; Publication; Time for Contesting Validity; Subsequent Leases
8-14.5-6-5. Bond and Note Provisions; Weighted Average Life
8-14.5-6-6. Manual or Facsimile Signatures; Seal
8-14.5-6-7. Negotiable Instrument Nature of Bonds or Notes
8-14.5-6-8. Public or Negotiated Sale
8-14.5-6-9. Appropriated Purpose of Proceeds; Maturities
8-14.5-6-10. Bonds or Notes of Authority Not State Indebtedness; Funds From Which Payable
8-14.5-6-11. Enforcement of Article and Undertaking
8-14.5-6-13. Bonds and Notes as Legal Investment
8-14.5-6-14. Security Registration Exemption
8-14.5-6-16. Insurance or Guaranty of Payment
8-14.5-6-17. Credit Enhancement or Liquidity Support Agreements
8-14.5-6-18. Service Agreements With Financial Institutions
8-14.5-6-19. Trust Agreements or Resolutions