Indiana § 36-9-24-4 - Maximum duration; options to renew
Full text of Indiana Indiana Code § 36-9-24-4 — Maximum duration; options to renew, with citation guidance and answers to common questions.
§ 36-9-24-4. Maximum duration; options to renew
Sec. 4. The term of a lease under this chapter may not exceed fifty (50) years. However, the lease must provide that the municipality has an option to renew the lease for a further term on similar conditions.
[Pre-Local Government Recodification Citation: 19-2-5.5-3 part.]
As added by Acts 1981, P.L.309, SEC.97.
Frequently Asked Questions About Indiana § 36-9-24-4
What does Indiana Code § 36-9-24-4 cover?
Section 36-9-24-4 ("Maximum duration; options to renew") 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 § 36-9-24-4?
A common citation format is "Indiana Code § 36-9-24-4" (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 § 36-9-24-4 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.