Indiana Code 8-16-1-26. Bridge constructed under chapter and crossing Wabash River
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Sec. 26. (a) This section applies only to a bridge that:
(2) crosses the Wabash River.
(1) was constructed under this chapter; and
Terms Used In Indiana Code 8-16-1-26
- Authority: refers to the Indiana finance authority established by Indiana Code 8-16-1-0.1
(b) Notwithstanding any other provisions of this chapter, a bridge subject to this section does not become a part of the system of state highways free of tolls or a tollway under IC 8-15-3 when bonds are retired and all funds fully reimbursed.
(c) Money collected for the use of a bridge subject to this section shall be allocated to the authority and used for the following purposes:
(1) Operation of the toll bridge facility.
(2) Maintenance of the toll bridge facility.
(3) A reserve fund for future toll bridges over the Ohio River to be located within the same county in which the bridge subject to this section is located.
As added by P.L.386-1987(ss), SEC.17.