Indiana Statutes
§ 14-34-19-8 — Public sale of land
If land acquired by the director under this chapter is suitable for industrial, commercial, residential, or recreational development, the director may sell the land:
(1)by public sale under a system of competitive bidding at not
less than fair market value; and
(2)under other conditions that are adopted by the commission by
rule to ensure that the land is put to proper use consistent with
local and state land use plans.
[Pre-1995 Recodification Citation: 13-4.1-15-8.]
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Legislative History
As added by P.L.1-1995, SEC.27.
Nearby Sections
15
§ 14-10-1-1
Establishment and members of commission§ 14-10-1-2
Filling of vacancies of ex officio members§ 14-10-1-3
Citizen members§ 14-10-1-4
Per diem compensation and traveling expenses§ 14-10-1-5
Officers§ 14-10-1-6
Quorum§ 14-10-1-7
Meetings§ 14-10-2-1
Powers of commission§ 14-10-2-2
Repealed§ 14-10-2-2.5
Consolidated proceedings§ 14-10-2-3
Repealed§ 14-10-2-4
Adoption of rules§ 14-10-2-5
Rules§ 14-10-2-6
Notices of violation