Indiana § 4-12-14-7 - General assembly determination that sublease in best interest of state; terms of sublease
Full text of Indiana Indiana Code § 4-12-14-7 — General assembly determination that sublease in best interest of state; terms of sublease, with citation guidance and answers to common questions.
§ 4-12-14-7. General assembly determination that sublease in best interest of state; terms of sublease
Sec. 7. The general assembly determines that a long term sublease is in the best interests of the state. Subject to section 6 of this chapter, the budget agency may enter into a sublease for one (1) or more terms that, in total, do not exceed the initial term provided for the repayment of the lease rental revenue bonds.
As added by P.L.220-2011, SEC.27.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 4-12-14-7
What does Indiana Code § 4-12-14-7 cover?
Section 4-12-14-7 ("General assembly determination that sublease in best interest of state; terms of sublease") 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 § 4-12-14-7?
A common citation format is "Indiana Code § 4-12-14-7" (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 § 4-12-14-7 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.