20-6-609. Trustees' authority to acquire property by lease-purchase agreement.
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/mt/title-20/chapter-6/part-6/20-6-609·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
20-6-609 . Trustees' authority to acquire property by lease-purchase agreement. The trustees of a district may acquire real and personal property by an agreement to lease for up to 7 years for personal property and for up to 15 years for real property with an option to purchase. The terms of the lease must comply with 20-6-625 . If real property is acquired, the trustees shall comply with 20-6-603 .