Indiana Statutes
§ 36-9-4-8 — Purchase of property by municipalities from sources other than systems; contracts and leases
Indiana § 36-9-4-8
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 9TRANSPORTATION AND PUBLIC WORKS
Ch. 4Urban Mass Transportation Systems; Public
This text of Indiana § 36-9-4-8 (Purchase of property by municipalities from sources other than systems; contracts and leases) 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 § 36-9-4-8 (2026).
Text
(a)If, under section 5 of this chapter, the
municipal legislative body decides to purchase buses or real property,
or both, for the urban mass transportation system from a source other
than the system, it must enter into and confirm by ordinance a contract
and lease requiring the municipality to:
(1)purchase the buses or real property; or
(2)lease the buses or property purchased to the system for use in
providing mass transportation within the municipality.
(b)A lease of buses or real property by a municipality to a system
under this section must incorporate provisions for rental and other
terms and provisions that the municipal legislative body considers
necessary under this chapter. The municipality and the system may
enter into additional contracts and leases during the term of the
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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 § 36-9-4-8, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-9-4-8.