{"data":{"id":"us-in/ic-5-1-17-17","jurisdiction":"us-in","citation":"IC 5-1-17-17","heading":"Capital improvement; land; sale; lease","body":"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.\n(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.\n(c) A capital improvement board may sell property to the authority.","path":["TITLE 5. STATE AND LOCAL ADMINISTRATION","ARTICLE 1. BONDS AND OTHER OBLIGATIONS","Chapter 17. Indiana Stadium and Convention Building Authority"],"source_url":"https://iga.in.gov/ic/2026/Title_5.html#5-1-17-17","current_through":"2026","vintage":"2026","retrieved_at":"2026-09-02T16:11:39Z","sha256":"d7eec1772b8d589b0c4488d3ef15313ed0d328332bacca6b276a43e524c3585d","source_id":"us-in","stale":false,"prev":"us-in/ic-5-1-17-16","next":"us-in/ic-5-1-17-18"},"notice":"GroundRules: Original legal text. Not legal advice."}