Indiana Code 8-4-21-5. Approval by department
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Terms Used In Indiana Code 8-4-21-5
- 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. A purchase or lease made under this chapter is not valid until it is approved by the Indiana department of transportation.
Formerly: Acts 1913, c.169, s.6. As amended by P.L.384-1987(ss), SEC.48; P.L.18-1990, SEC.56.