5911.10 Armory improvements fund - lease or sale of vacant armory.

If any armory erected or purchased by the state becomes vacant because of the deactivation of the organizations quartered in that armory, the governor and the adjutant general may lease that armory for periods not to exceed one year; or, when authorized by an act of the general assembly, may sell that armory or lease it for a period of years. The proceeds from the sale or lease of such an armory shall be credited to the armory improvements fund, which is hereby created in the state treasury.

Effective Date: 09-29-1994