Indiana § 36-12-10-13 - Tax levy to pay lease rentals
Full text of Indiana Indiana Code § 36-12-10-13 — Tax levy to pay lease rentals, with citation guidance and answers to common questions.
§ 36-12-10-13. Tax levy to pay lease rentals
Sec. 13. A municipal corporation that executes a lease under this chapter shall annually levy a special tax, in addition to other taxes authorized by law, sufficient to produce each year the necessary funds with which to pay the lease rental stipulated to be paid by the municipal corporation under the lease. A levy under this section shall be reviewed in accordance with IC 6-1.1-17. The first tax levy shall be made at the first annual tax levy period following the date of the execution of the lease. The first annual levy must be sufficient to pay the estimated amount of the first annual lease rental payment to be made under the lease.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-13.]
As added by P.L.1-2005, SEC.49. Amended by P.L.42-2018, SEC.58.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-12-10-13
What does Indiana Code § 36-12-10-13 cover?
Section 36-12-10-13 ("Tax levy to pay lease rentals") 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 § 36-12-10-13?
A common citation format is "Indiana Code § 36-12-10-13" (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 § 36-12-10-13 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.