CHAPTER 5. LEASE OF PROPERTY FOR MILITARY TRAINING
IC 21-31-5
Chapter 5. Lease of Property for Military Training
IC 21-31-5-1
Application of chapter
Sec. 1. This chapter applies to the following state educational
institutions:
(1) Ball State University.
(2) Indiana State University.
(3) Indiana University.
(4) Purdue University.
As added by P.L.2-2007, SEC.272.
IC 21-31-5-2
Authority to lease for the establishment of military, naval, or
scientific training schools
Sec. 2. The board of trustees of a state educational institution may
lease land to the United States for the establishment of military,
naval, or scientific training schools or institutions.
As added by P.L.2-2007, SEC.272.
IC 21-31-5-3
Lease; criteria
Sec. 3. A lease described in this chapter:
(1) must be for consideration;
(2) must be for a period not in excess of thirty (30) years; and
(3) may contain other terms determined by the board of trustees
of the state educational institution.
As added by P.L.2-2007, SEC.272.
IC 21-31-5-4
Authority to lease land acquired from a trust
Sec. 4. Land leased under this chapter may be land acquired from
any source, including from a trust.
As added by P.L.2-2007, SEC.272.