Indiana Code 36-9-13-4. Building authorities; authorization; purposes
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Sec. 4. A county may establish a separate municipal corporation to be known as the “__________ building authority” (including the name of the county seat and county) for the purpose of:
(2) financing, acquiring, improving, constructing, reconstructing, renovating, equipping, and operating government buildings and systems;
(1) acquiring land; and
Terms Used In Indiana Code 36-9-13-4
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
and leasing them to eligible entities.
[Pre-Local Government Recodification Citation: 19-8-4-1 part.]
As added by Acts 1981, P.L.309, SEC.86. Amended by Acts 1981, P.L.188, SEC.5; P.L.37-1988, SEC.30.