Authorized provisions of lease; payment of taxes, insurance, and repairs
Ind. Code § 36-12-10-6
in effectSec. 6. The lease may provide that, as a part of the lease rental for the library building or buildings, the lessee or lessees shall agree to:
(1) pay all taxes and assessments levied against or on account of the leased property;
(2) maintain insurance on the property for the benefit of the lessor corporation; and
(3) assume all responsibilities for repair and alterations with regard to the building or buildings during the term of the lease.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-6.]
As added by P.L.1-2005, SEC.49.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026