Terms Used In Indiana Code 14-11-1-5

  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
   Sec. 5. The department may, by contract, delegate the management and operation of any of the property held and managed by the department to an organization under the terms the department considers advisable.

[Pre-1995 Recodification Citation: 14-6-16-5.]

As added by P.L.1-1995, SEC.4.