Board of trustees may rent buildings.

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The board of trustees is authorized to lease or rent buildings constructed under the provisions of this article from the private persons or corporations constructing the buildings upon such terms as the board deems satisfactory as to current rental, maintenance, and ultimate purchase, paying therefor out of the revenues derived from the operation of the buildings by the board of trustees or from other funds under its control available for general maintenance purposes.

Source: L. 2003: Entire article R&RE, p. 784, § 5, effective July 1.

Editor's note: This section is similar to former § 23-53-111 as it existed prior to 2003.


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