(A) Whenever an illuminated flashing red or yellow light is used in a traffic signal or with a traffic sign, it shall require obedience by vehicular traffic as follows.
(1) Flashing red (stop signal). When a red lens is illuminated by rapid intermittent flashes, drivers of vehicles shall stop at a clearly marked stop line before entering the crosswalk on the near side of the intersection or, if no line exists, at the point nearest the intersecting roadway where the driver has a view of approaching traffic on the intersecting roadway before entering it, and the right to proceed shall be subject to the rules applicable after making a stop at a stop sign.
(2) Flashing yellow (caution signal). When a yellow lens is illuminated with rapid intermittent flashes, drivers of vehicles may proceed through the intersection or past the signal only with caution.
(B) This section does not apply at railroad grade crossings as required under I.C. 9-21-3-8.
(I.C. 9-21-3-8) (‘67 Code, § 71.21) (Ord. 11-1952, passed 9-2-52) Penalty, see § 70.99