Sec. 31. The authority may do any of the following:

(1) Finance the improvement, construction, reconstruction, renovation, and acquisition of real and personal property improvements within a qualified motorsports facility.

Terms Used In Indiana Code 5-1-17.5-31

  • authority: refers to the Indiana finance authority. See Indiana Code 5-1-17.5-4
  • qualified motorsports facility: means a facility that:

    Indiana Code 5-1-17.5-14

(2) Exercise the authority’s powers under IC 5-1.2-4 within a qualified motorsports facility.

As added by P.L.233-2013, SEC.5. Amended by P.L.189-2018, SEC.24.