Transfers, leases, and leasebacks

Ind. Code § 5-1.3-5-3, under Chapter 5. Leases.

Ind. Code § 5-1.3-5-3

Sec. 3. The NWIRDA may sell, transfer, or convey by any means any rail project to the IFA through negotiation of a lease. The NWIRDA may lease any existing rail project system or property under its control to the IFA for construction of a rail project. The rail project may be leased back to the NWIRDA. As added by P.L.189-2018, SEC.26.