Indiana Statutes
§ 36-1-4-7.5 — Environmentally contaminated real estate; agreement to defend or indemnify
Indiana § 36-1-4-7.5
This text of Indiana § 36-1-4-7.5 (Environmentally contaminated real estate; agreement to defend or indemnify) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Ind. Code § 36-1-4-7.5 (2026).
Text
5.
(a)This section applies to a transaction that
involves a parcel of real estate that is owned or leased by a unit and the
unit or a board, an agency, a department, a commission, or other
division of the unit has determined in a resolution, an ordinance, a
lease, a contract, or other written instrument that the parcel of real
estate:
(1)may have environmental contamination:
(A)that occurred during or before the time the unit owned or
leased the parcel of real estate; and
(B)for which the unit may be liable under applicable laws; and
(2)will be used in connection with an economic development
project that will:
(A)promote opportunities for employment of the citizens of the
unit;
(B)attract new business enterprises to the unit; or
(C)retain or expand a business enterprise within the
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Legislative History
As added by P.L.123-1996, SEC.18. Amended by P.L.1-1998,
SEC.201.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
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Bluebook (online)
Indiana § 36-1-4-7.5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-1-4-7.5.