Indiana § 8-10-5-12 - Private enterprise; participation in construction and operation of facilities
Full text of Indiana Indiana Code § 8-10-5-12 — Private enterprise; participation in construction and operation of facilities, with citation guidance and answers to common questions.
§ 8-10-5-12. Private enterprise; participation in construction and operation of facilities
Sec. 12. The port authority shall foster and encourage the participation of private enterprise in the development of the port facilities to the fullest extent it deems practicable in the interest of limiting the necessity of construction and operation of such facilities by the port authority. In this respect the port authority may upon its own motion or upon the written request of any other party advertise and solicit for the construction, operation and/or maintenance of any facility included in the development plan in accordance to plans, specifications and regulations therefor prepared by the board of directors.
It is further provided that in the event the board of directors deems it advisable and practicable, said board may cause certain facilities included in the development plan to be installed by private enterprise and leased back to the port authority on an instalment contract or option to purchase. The exercise of any power granted to the port authority under the provisions of this section shall be consummated and regulated in accordance with detailed provisions set out and enacted into proper legislation by the governing body or governing bodies creating such port authority.
Formerly: Acts 1959, c.343, s.12; Acts 1961, c.247, s.4.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 8-10-5-12
What does Indiana Code § 8-10-5-12 cover?
Section 8-10-5-12 ("Private enterprise; participation in construction and operation of facilities") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 8-10-5-12?
A common citation format is "Indiana Code § 8-10-5-12" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 8-10-5-12 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.