Indiana Code 5-1.3-5-4. Payment of lease rentals and securing bonds
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Terms Used In Indiana Code 5-1.3-5-4
- 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. 4. The NWIRDA shall pay lease rentals for leases entered into under this chapter and securing bonds issued under IC 5-1.3-6 from revenues deposited in a separate fund established under IC 36-7.5-4-1.
As added by P.L.189-2018, SEC.26.