Indiana Code 14-18-4-5. Final draft of proposed lease and contract

Sec. 5. Following the hearing under section 4 of this chapter, the department shall do the following:

(1) Prepare a final draft of the proposed lease and contract.

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Attorney: includes a counselor or other person authorized to appear and represent a party in an action or special proceeding. See Indiana Code 1-1-4-5
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}

(2) Submit the lease and contract to the commission, the governor, and the attorney general.

[Pre-1995 Recodification Citation: 14-3-9.5-5 part.]

As added by P.L.1-1995, SEC.11.