General Assembly Determination That Sublease in Best Interest of State; Terms of Sublease

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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.


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