Ind. Code § 4-12-14-7

Current through P.L. 171-2024
Section 4-12-14-7 - General assembly determination that sublease in best interest of state; terms of sublease

The general assembly determines that a long term sublease is in the best interests of the state. Subject to section 6 of this chapter, the budget agency may enter into a sublease for one (1) or more terms that, in total, do not exceed the initial term provided for the repayment of the lease rental revenue bonds.

IC 4-12-14-7

Added by P.L. 220-2011, SEC. 27, eff. 7/1/2011.