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.