Indiana Code 14-18-3-2. Lease and contract powers of department
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Sec. 2. (a) The department may do the following:
(2) Lease federally owned land that is under the control and management of the department.
(1) Lease state owned land that is under the management and control of the department.
Terms Used In Indiana Code 14-18-3-2
- Contract: A legal written agreement that becomes binding when signed.
- 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
(3) Contract for the construction and operation of lodging and food facilities on the leased land.
(b) If the department determines that action under subsection (a) would be in the best interests of the state park system, the lease and contract may be negotiated and executed in the manner prescribed by this chapter in addition to the methods permitted by other statutes.
[Pre-1995 Recodification Citation: 14-3-9-2.]
As added by P.L.1-1995, SEC.11.