Indiana Code 4-30-3-11. Ownership, sale, and leasing of real and personal property
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Terms Used In Indiana Code 4-30-3-11
- 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. 11. The commission is entitled to own, sell, and lease real and personal property as necessary to carry out its responsibilities under this article.
As added by P.L.341-1989(ss), SEC.1.