Sec. 18. (a) This chapter contains full and complete authority for the issuance of bonds. No law, procedure, proceedings, publications, notices, consents, approvals, orders, or acts by the board of any other officer, department, agency, or instrumentality of the state or of any political subdivision are required to issue any bonds, except as prescribed in this chapter.
(b) Bonds issued under this chapter are legal investments for private trust funds and the funds of banks, trust companies, insurance companies, building and loan associates, credit unions, banks of discount and deposit, savings banks, private banks, loan and trust and safe deposit companies, rural loan and savings associations, guaranty loan and savings associations, mortgage guaranty companies, small loan companies, industrial loan and investment companies, and other financial institutions organized under Indiana law.
As added by P.L.108-1993, SEC.11.
Structure Indiana Code
Title 8. Utilities and Transportation
Chapter 3.7. Airport Development Authority
8-22-3.7-3. "Development Authority"
8-22-3.7-4. "Development Board"
8-22-3.7-4.5. "Eligible Entity"
8-22-3.7-5. Creation of Authority
8-22-3.7-6. Development Board; Membership; Term; Removal; Oath
8-22-3.7-9. Purposes of Authority
8-22-3.7-10. Authorized Activities of Authority; Dissolution
8-22-3.7-11. Refund of Bonds; Lease Back
8-22-3.7-12. Reasonableness of Leases; Leases of Airport Projects From Development Authority
8-22-3.7-13. Authority for Leases Between Development Authority and Authority
8-22-3.7-14. Leases; Authority Approval of Plans and Specifications of Project
8-22-3.7-15. Party Walls; Easements; Licenses
8-22-3.7-16. Sales or Leases of Projects to Development Authority
8-22-3.7-18. Law Governing Issuance; Bonds as Legal Investment
8-22-3.7-19. Trust Indentures Securing Bonds
8-22-3.7-20. Bonds Issued Upon Exercise of Option to Purchase
8-22-3.7-21. Exemptions From Taxation
8-22-3.7-22. Actions to Contest Validity of Bonds; Conditions
8-22-3.7-23. Impairment of Bondholder Rights