Indiana Code 8-16-3.5-5. Not-for-profit corporations proposing to build bridges; plans and specifications
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Indiana Code 8-16-3.5-5
- Contract: A legal written agreement that becomes binding when signed.
- in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
- 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. 5. Not-for-profit corporations proposing to build a bridge may assist the lessee, before the execution of a contract of lease, in the preparation and acquisition of plans, specifications, and estimates for the bridge, or the lessee may prepare or otherwise acquire plans and specifications for the bridge. All plans and specifications shall be submitted to agencies as designated by law to pass on plans and specifications for bridges, and the plans and specifications shall be approved by those agencies and the lessee in writing prior to the execution of the contract of lease.
Formerly: Acts 1975, P.L.92, SEC.2. As amended by P.L.86-1988, SEC.27.