Sec. 23. The general assembly covenants that it will not:
(1) repeal or amend this chapter, IC 8-22-3.5, or IC 8-22-3.6 in a manner that would adversely affect owners of outstanding bonds, or payment of any lease rentals, secured by the revenues pledged under this chapter, IC 8-22-3.5, or IC 8-22-3.6; or
(2) in any way impair the rights of owners of bonds of the development authority, or the owners of bonds secured by lease rentals, secured by a pledge of revenues under this chapter or IC 8-22-3.6.
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