Terms Used In Indiana Code 20-23-4-42

  • 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. 42. An action to enjoin school construction or the performance of any of the terms and conditions of a lease or the execution, sale, or delivery of bonds, on the ground that any approval should not have been granted, may not be instituted at any time later than fifteen (15) days after approval has been granted.

[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-4-1-34.]

As added by P.L.1-2005, SEC.7. Amended by P.L.146-2008, SEC.459; P.L.233-2015, SEC.61.