Terms Used In Indiana Code 36-9-24-13

  • 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. 13. Except as specifically required in this chapter, a municipality acting under this chapter need not comply with other statutes concerning the lease and acquisition of facilities by municipalities.

[Pre-Local Government Recodification Citations: 19-2-5.5-10; Acts 1975, P.L.211, SECTION 2.]

As added by Acts 1981, P.L.309, SEC.97. Amended by P.L.186-1988, SEC.9.