Assignment or Conveyance of Lease; Conveyance of Structure, System, or Transportation Project

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Sec. 19. A lessor may assign or convey a lease entered into under this chapter to any other person as set forth in the lease. A lessor may convey the structures, transportation projects, or system to any person. However, an assignment or conveyance under this section does not affect the terms and conditions of the lease.

[Pre-Local Government Recodification Citation: 18-5-3.3-12.]

As added by Acts 1981, P.L.57, SEC.36. Amended by P.L.37-1988, SEC.20; P.L.343-1989(ss), SEC.22.


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