GroundRules
IC 5-1-17-17: Capital improvement; land; sale; lease
Where this section sits in the code
- TITLE 5. STATE AND LOCAL ADMINISTRATION
- ARTICLE 1. BONDS AND OTHER OBLIGATIONS
- Chapter 17. Indiana Stadium and Convention Building Authority
Sec. 17. (a) A capital improvement board may lease for a nominal lease rental, or sell to the authority, one (1) or more capital improvements or portions thereof or land upon which a capital improvement is located or is to be constructed.
(b) Any lease of all or a portion of a capital improvement by a capital improvement board to the authority must be for a term equal to the term of the lease of that capital improvement back to the capital improvement board.
(c) A capital improvement board may sell property to the authority.
Collected 2026-09-02T16:11:39Z. Source file · JSON