Indiana § 5-23-6-1 Original term in excess of five years

Indiana Statutes

§ 5-23-6-1 — Original term in excess of five years

Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 23 PUBLIC-PRIVATE AGREEMENTS·Ch. 6 Contract Terms and Conditions

(a)Under the provisions of this article, the governmental body may enter into a public-private agreement for an original term not to exceed five (5) years with board approval.

(b)Any public-private agreement with an original term in excess of five (5) years must be approved by the following:

(1)The board.

(2)If the state is a party to the agreement, the governor.

(3)If a political subdivision is a party to the agreement, by the fiscal body of the political subdivision.

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(a) Under the provisions of this article, the
governmental body may enter into a public-private agreement for an
original term not to exceed five (5) years with board approval.
(b) Any public-private agreement with an original term in excess of
five (5) years must be approved by the following:
(1) The board.
(2) If the state is a party to the agreement, the governor.
(3) If a political subdivision is a party to the agreement, by the
fiscal body of the political subdivision.

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