Ind. Code ch. 8-15.7-13

in effect

Ind. Code § 8-15.7-13-1 Maximum term of public-private agreement

Sec. 1. The term of a public-private agreement, including all extensions, may not exceed seventy-five (75) years. For purposes of measuring the term, the term begins on the date on which operations of a part of the qualifying project by the operator commences. As added by P.L.47-2006, SEC.40.

Ind. Code § 8-15.7-13-2 Termination date

Sec. 2. The department shall terminate the operator's authority and duties under the public-private agreement on the date set forth in the public-private agreement. As added by P.L.47-2006, SEC.40.

Ind. Code § 8-15.7-13-3 Reversion of qualifying project to department

Sec. 3. Upon termination of the public-private agreement, the authority and duties of the operator under this article cease, except for any duties and obligations that extend beyond the termination as set forth in the public-private agreement, and the qualifying project reverts to the department and shall be dedicated to the department for public use. As added by P.L.47-2006, SEC.40.

Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/8Fetched: 10/17/2026