Indiana Code 5-1-18-3. “Lease”
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Terms Used In Indiana Code 5-1-18-3
- political subdivision: has the meaning set forth in IC 36-1-2-13. See Indiana Code 5-1-18-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 3. As used in this chapter, “lease” means a lease of real property that is entered into by a political subdivision for a term of at least twelve (12) months, whether payable from property taxes, other taxes, revenues, or any other source.
As added by P.L.199-2005, SEC.2.