Sec. 8. (a) A lessor
corporation proposing to build a
school building or buildings must submit preliminary plans, specifications, and estimates for the building or buildings to the lessee or lessees before the execution of the
lease. Final plans and specifications must be submitted to the Indiana department of health, state fire marshal, and other agencies designated by law to pass on plans and specifications for school buildings. The final plans and specifications described in this subsection must be approved by the approving agencies
in writing and by the lessee or lessees before the construction of the school building or school buildings.
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Terms Used In Indiana Code 20-47-2-8
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- school building: means a building used as a part of or in connection with the operation of a school and includes the:
Indiana Code 20-47-2-4
[Pre-2006 Recodification Citation: 21-5-11-4.]
As added by P.L.2-2006, SEC.170. Amended by P.L.56-2023, SEC.199.
