Section 36-12-10-6 - Authorized provisions of lease; payment of taxes, insurance, and repairs The lease may provide that, as a part of the lease rental for the library building or buildings, the lessee or lessees shall agree to:
(1) pay all taxes and assessments levied against or on account of the leased property;(2) maintain insurance on the property for the benefit of the lessor corporation; and(3) assume all responsibilities for repair and alterations with regard to the building or buildings during the term of the lease.Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-6.
As added by P.L. 1-2005, SEC.49.