Indiana Awaits Ruling in Challenge to Toll Road Concession

Carvlin, Elizabeth
May 2006
Bond Buyer;5/17/2006, Vol. 356 Issue 32383, p3
Trade Publication
The article reports that the state of Indiana is awaiting a ruling by Saint Joseph County Superior Court Judge Michael Scopelitis on whether the state agency that plans to lease the Indiana Toll Road must use the proceeds to pay down the state debt. Key arguments include the question of whether debt issued by entities such as the Finance Authority and other state issuers constitute public debt.


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