Indiana § 36-12-10-2 - Power to lease library buildings; conditions; joint lease contracts
Full text of Indiana Indiana Code § 36-12-10-2 — Power to lease library buildings; conditions; joint lease contracts, with citation guidance and answers to common questions.
§ 36-12-10-2. Power to lease library buildings; conditions; joint lease contracts
Sec. 2. (a) A municipal corporation may lease a building or buildings to use as a library under the following conditions:
(1) A lease may not be entered into for a period of more than forty (40) years.
(2) Before a lease is entered into, there must first be filed with the governing authority of the municipal corporation a petition signed by fifty (50) or more resident taxpayers of the municipal corporation.
(3) After investigation, the governing authority must determine that a need exists for the library building or buildings.
(4) The governing authority must determine that the municipal corporation cannot provide the necessary funds to pay the cost or the municipal corporation's proportionate share of the cost of the library building or buildings required to meet the present needs.
(b) If two (2) or more municipal corporations propose to enter into a lease jointly, joint meetings of the governing authority of the corporations may be held. Action taken is binding on a municipal corporation only if the action is approved by the municipal corporation's governing authority. A lease executed by two (2) or more municipal corporations as joint lessees must set out the amount of the total lease rental agreed upon to be paid by each. A lessee is entitled to occupancy only if the total rental is paid as stipulated in the lease. All rights of joint lessees under the lease must be proportionate to the amount of lease rental paid by each.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-10-2.]
As added by P.L.1-2005, SEC.49. Amended by P.L.42-2018, SEC.49.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 36-12-10-2
What does Indiana Code § 36-12-10-2 cover?
Section 36-12-10-2 ("Power to lease library buildings; conditions; joint lease contracts") 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 § 36-12-10-2?
A common citation format is "Indiana Code § 36-12-10-2" (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 § 36-12-10-2 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.