Indiana Statutes
§ 36-9-24-4 — Maximum duration; options to renew
Indiana § 36-9-24-4
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 24Leasing of Sewage Disposal Facilities
This text of Indiana § 36-9-24-4 (Maximum duration; options to renew) 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 § 36-9-24-4 (2026).
Text
The term of a lease under this chapter may not
exceed fifty (50) years. However, the lease must provide that the
municipality has an option to renew the lease for a further term on
similar conditions.
[Pre-Local Government Recodification Citation: 19-2-5.5-3
part.]
As added by Acts 1981, P.L.309, SEC.97.
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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 § 36-9-24-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-24-4.