Sec. 3. As used in this chapter, "grant anticipation revenue bond" or "grant anticipation revenue note" means a bond or note, respectively, secured by lease rentals relating to highway improvement projects and anticipated to be paid from federal highway revenues deposited in the grant anticipation fund.
As added by P.L.246-2005, SEC.83.
Structure Indiana Code
Title 8. Utilities and Transportation
Article 14.5. Lease Financing for Transportation Systems
Chapter 7. Grant Anticipation Revenue Bonds and Notes
8-14.5-7-2. "Federal Highway Revenues"
8-14.5-7-3. "Grant Anticipation Revenue Bond"
8-14.5-7-4. "Highway Improvement Project"
8-14.5-7-5. Issuance of Grant Anticipation Revenue Bonds or Notes
8-14.5-7-6. Revenue Declaration
8-14.5-7-7. Maximum Term of Bonds and Notes