IC 4-13-12.1-8: Lease with society; term; rental; state activities or functions
Where this section sits in the code
- TITLE 4. STATE OFFICES AND ADMINISTRATION
- ARTICLE 13. ADMINISTRATIVE MANAGEMENT OF STATE SERVICES, EMPLOYEES, PURCHASES, AND PROPERTY
- Chapter 12.1. Indiana Historical Society Building
Sec. 8. (a) The department may enter into a lease with the society for the society's use of any part of the building, exterior improvements, and surrounding site.
(b) Notwithstanding the term limitation for a lease under IC 4-13-1-4(10), the department may enter into a lease under subsection (a) for a term of not more than ninety-nine (99) years.
(c) Rent under a lease entered into under this section is one dollar ($1) each year, payable in advance.
(d) A lease entered into under this section may permit the building to house state activities or functions.
Collected 2026-08-30T06:26:00Z. Source file · JSON