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§ 12-24-18-5 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 12 - Human Services/
  5. Article 24 - State Institutions/
  6. Chapter 18 - Conveyance of Undeveloped Real Property of State Institutions in Certain Counties12-24-18-1. Application of Chapter to Certain City/
  7. § 12-24-18-5
Indiana Legal Code

§ 12-24-18-5

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(b) A contract entered into under this section or a deed given to the city to convey any of the real property under this chapter may contain any provision that the state considers necessary if the provision is consistent with this chapter.(c) Notwithstanding any lease or conveyance authorized by this chapter, the state institution shall continue to cash rent the real property for farming purposes until the city actually begins development of the real property for an economic development project.As added by P.L.147-1993, SEC.1.