Indiana Code 8-16-15.5-6. Purpose
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Sec. 6. The bridge authority is established for the purpose of:
(2) accepting the transfer and ownership of the bridge and all interests of the commission in real and personal property;
(1) inheriting the assets, duties, powers, and rights of the commission;
Terms Used In Indiana Code 8-16-15.5-6
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
(3) accepting or receiving all other assets of the commission; and
(4) equipping, financing, improving, maintaining, operating, reconstructing, rehabilitating, and restoring the bridge for use by motor vehicles, pedestrians, and other modes of transportation.
As added by P.L.185-2018, SEC.27.