CHAPTER 5. LEASE OF PROPERTY FOR MILITARY TRAINING - Indiana Statutes

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.