Section 5-22-17-5 - Funds not appropriated or available; contract cancellation; exemption for lease of state owned property(a) This section does not apply to a contract for the lease of property owned by the state under which no state expenditures are required.(b) When the fiscal body of the governmental body makes a written determination that funds are not appropriated or otherwise available to support continuation of performance of a contract, the contract is considered canceled.(c) A determination by the fiscal body that funds are not appropriated or otherwise available to support continuation of performance is final and conclusive.Amended by P.L. 177-2021,SEC. 2, eff. 7/1/2021.As added by P.L. 49-1997, SEC.1.