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2021 Indiana Code
Title 21. Higher Education
Article 31. State Educational Institutions: Acquisition and Use of Property; Leases
Chapter 5. Lease of Property for Military Training
21-31-5-3. Lease; Criteria

Universal Citation:
IN Code § 21-31-5-3 (2021)
Learn more This media-neutral citation is based on the American Association of Law Libraries Universal Citation Guide and is not necessarily the official citation.

Sec. 3. A lease described in this chapter:

(1) must be for consideration;

(2) must be for a period not in excess of thirty (30) years; and

(3) may contain other terms determined by the board of trustees of the state educational institution.

[Pre-2007 Higher Education Recodification Citation: 20-12-10-1 part.]

As added by P.L.2-2007, SEC.272.

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