Indiana Code > Title 36 > Article 7.7 > Chapter 5 – Development Authority Powers and Duties
Current as of: 2023 | Check for updates
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Other versions
| § 36-7.7-5-1 | Duties |
| § 36-7.7-5-2 | Powers |
| § 36-7.7-5-3 | Agreement with another development authority or entity |
| § 36-7.7-5-4 | Reports |
Terms Used In Indiana Code > Title 36 > Article 7.7 > Chapter 5 - Development Authority Powers and Duties
- Bequest: Property gifted by will.
- 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.
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
- 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
- Year: means a calendar year, unless otherwise expressed. See Indiana Code 1-1-4-5