Sec. 6. During the term of a lease under section 4 of this chapter, the charter school or state educational institution is responsible for the direct expenses related to the covered school building leased, including utilities, insurance, maintenance, repairs, and remodeling. If the lease involves co-locating charter schools or a co-location with a state educational institution, the obligations under the lease of the covered school building shall be joint and several. The school corporation is responsible for any debt incurred for or liens that attached to the covered school building before the charter school or state educational institution leased the covered school building.
Ind. Code § 20-26-7.1-6
Responsibility for expenses or debt during lease
As added by P.L.270-2019, SEC.13
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.