§ 36-12-10-1 Application of chapter
§ 36-12-10-2 Power to lease library buildings; conditions; joint lease contracts
§ 36-12-10-3 Authorized purposes of leases; limitations on profit; disposition of excess funds
§ 36-12-10-4 Provisions of lease
§ 36-12-10-5 Submission of plans and specifications to certain state agencies; approval
§ 36-12-10-6 Authorized provisions of lease; payment of taxes, insurance, and repairs
§ 36-12-10-7 Leases in anticipation of completion of building; bond
§ 36-12-10-8 Notice and hearing on terms and conditions of proposed lease
§ 36-12-10-9 Notice of lease signing; appeal to department of local government finance; limitation on actions to contest validity of lease
§ 36-12-10-10 Applicability; title to real property; sale; procedure
§ 36-12-10-11 Authority of lessor corporation to issue stocks, bonds, and other securities; sale procedure
§ 36-12-10-12 General obligation bonds
§ 36-12-10-13 Tax levy to pay lease rentals
§ 36-12-10-14 Tax exemptions

Terms Used In Indiana Code > Title 36 > Article 12 > Chapter 10 - Leasing of Library Property

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Contract: A legal written agreement that becomes binding when signed.
  • 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.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • in writing: include printing, lithographing, or other mode of representing words and letters. See Indiana Code 1-1-4-5
  • Interest rate: The amount paid by a borrower to a lender in exchange for the use of the lender's money for a certain period of time. Interest is paid on loans or on debt instruments, such as notes or bonds, either at regular intervals or as part of a lump sum payment when the issue matures. Source: OCC
  • 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
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
  • real property: include lands, tenements, and hereditaments. See Indiana Code 1-1-4-5
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Statute: A law passed by a legislature.
  • Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5