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Ind. Code § 36-12-10-6

Authorized provisions of lease; payment of taxes, insurance, and repairs

As added by P.L.1-2005, SEC.49.

Sec. 6. The lease may provide that, as a part of the lease rental for the library building or buildings, the lessee or lessees shall agree to:

(1) pay all taxes and assessments levied against or on account of the leased property;

(2) maintain insurance on the property for the benefit of the lessor corporation; and

(3) assume all responsibilities for repair and alterations with regard to the building or buildings during the term of the lease.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.