Ind. Code § 8-15.7-5-5
Distribution of payments received by department under public-private agreement
Indiana · Indiana Code Title 8 — Utilities and Transportation · Status: effective
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- Citation
- Ind. Code § 8-15.7-5-5, Distribution of payments received by department under public-private agreement, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1620185
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Full text
Sec. 5. To the extent that the department receives any payment or compensation under the public-private agreement other than repayment of a loan or grant or reimbursement for services provided by the department to the operator, the payment or compensation shall be distributed at the direction of the department to the:
(1) major moves construction fund established under IC 8-14-14;
(2) department for deposit in the state highway fund established by IC 8-23-9-54;
(3) alternative transportation construction fund established under IC 8-14-17; or
(4) operator or the authority for debt reduction.