Statutes, codes, and regulations
Indiana Code
Title 36 - LOCAL GOVERNMENTArticle 7.5 - NORTHWEST INDIANA REGIONAL DEVELOPMENT AUTHORITY
Chapter 4.5 - RAIL TRANSIT DEVELOPMENT DISTRICTS
Section 36-7.5-4.5-29 - Expenses; liabilities; obligations

Ind. Code § 36-7.5-4.5-29

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Current through P.L. 171-2024
Section 36-7.5-4.5-29 - Expenses; liabilities; obligations

All expenses incurred in carrying out this chapter are payable solely from revenue received under this chapter or from the proceeds of the financial instruments issued by the development authority payable from revenues received under this chapter. A liability or obligation may not be incurred by the development authority that is greater than the revenue to be received under this chapter.

IC 36-7.5-4.5-29

Added by P.L. 248-2017,SEC. 10, eff. 7/1/2017.