Sec. 7. The bonds or notes, when issued, have all the qualities of negotiable instruments, subject to provisions for registration, under IC 26 and are incontestable in the hands of a bona fide purchaser or owner of the bonds or notes for value.
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