Indiana Code 4-20.5-22-7. Provisions of lease
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Sec. 7. A lease under this chapter may provide for the following:
(2) For the lease of parcels of sizes that the agency considers the best to implement the intent of this chapter.
(1) Any term of the lease that the agency considers best to implement the intent of this chapter, but not for more than four (4) years.
Terms Used In Indiana Code 4-20.5-22-7
- agency: has the meaning set forth in Indiana Code 4-20.5-22-3
- 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
(3) Any other provisions that the agency considers useful to implement the intent of this chapter.
As added by P.L.182-2009(ss), SEC.62.