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Terms Used In Indiana Code 36-2-20-3

  • 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
   Sec. 3. As used in this chapter, “procurement agent” means a board, an officer, or an employee position having sole authority on behalf of a county to buy, purchase, lease, or otherwise acquire items for which payment is to be made from a public fund.

As added by P.L.252-1993, SEC.5.