Leases; Options to Renew

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Sec. 24. A lease under section 23 of this chapter may provide the eligible entity that is the lessee with an option to renew the lease for the same term or a shorter term, on the conditions provided in the lease.

[Pre-Local Government Recodification Citation: 19-8-4-13 part.]

As added by Acts 1981, P.L.309, SEC.86.


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