Sec. 17. The authority may enter into agreements with an entity to provide credit enhancement or liquidity support for any bonds or notes issued by the authority, or for any debt service reserves securing any bonds or notes, with terms that are reasonable and proper, in the discretion of the authority, and not in violation of law. The authority may execute and deliver notes to evidence its obligation to make payments under such an agreement, but these notes must conform to the provisions of this article in all respects.
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