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.