Indiana Code 8-25-4-2. Fiscal body authorization of a public transportation corporation to carry out a public transportation project
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Terms Used In Indiana Code 8-25-4-2
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
Sec. 2. The fiscal body of an eligible county may adopt an ordinance authorizing a public transportation corporation to carry out a public transportation project in accordance with the powers granted to the public transportation corporation under IC 36-9-4 and subject to the appropriating power of the fiscal body and any other powers reserved for the fiscal body by this article.
As added by P.L.153-2014, SEC.17.