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2024 Indiana Code
Title 8. Utilities and Transportation
Article 14.5. Lease Financing for Transportation Systems
Chapter 2. Definitions
8-14.5-2-4. Capitalized Interest
Universal Citation:
IN Code § 8-14.5-2-4 (2024)
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Sec. 4. "Capitalized interest" means interest cost on bonds or notes before and during the period of construction of the project for which the bonds or notes were issued, and for a period not to exceed one (1) year after completion of construction.
As added by P.L.68-1988, SEC.12.
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