Indiana § 36-1-10-7 - Lease of a structure, transportation system, or system by a political subdivision other than a school corporation
Full text of Indiana Indiana Code § 36-1-10-7 — Lease of a structure, transportation system, or system by a political subdivision other than a school corporation, with citation guidance and answers to common questions.
§ 36-1-10-7. Lease of a structure, transportation system, or system by a political subdivision other than a school corporation
Sec. 7. (a) As used in this section, "threshold amount" means two hundred fifty thousand dollars ($250,000).
(b) This section does not apply if the total annual cost of the lease is less than the threshold amount.
(c) A leasing agent for a political subdivision, other than a school corporation, may not lease a structure, transportation project, or system unless:
(1) the leasing agent receives a petition signed by fifty (50) or more taxpayers of the political subdivision or agency; and
(2) the fiscal body of the political subdivision determines, after investigation, that the structure, transportation project, or system is needed.
[Pre-Local Government Recodification Citation: 18-5-3.3-1 part.]
As added by Acts 1981, P.L.57, SEC.36. Amended by P.L.330-1985, SEC.2; P.L.37-1988, SEC.12; P.L.343-1989(ss), SEC.15; P.L.233-2015, SEC.329; P.L.257-2019, SEC.95.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-1-10-7
What does Indiana Code § 36-1-10-7 cover?
Section 36-1-10-7 ("Lease of a structure, transportation system, or system by a political subdivision other than a school corporation") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 36-1-10-7?
A common citation format is "Indiana Code § 36-1-10-7" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 36-1-10-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.