Distribution of payments received by department under public-private agreement

Ind. Code § 8-15.7-5-5
in effect
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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. As added by P.L.47-2006, SEC.40. Amended by P.L.203-2007, SEC.7.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026

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