Indiana § 20-23-19-4 Sale of building and real property owned by the school corporation
before dissolution; procedures if sale does not occur

Indiana Statutes

§ 20-23-19-4 — Sale of building and real property owned by the school corporation before dissolution; procedures if sale does not occur

Indiana·Title 20 EDUCATION·Art. 23 ORGANIZATION OF SCHOOL CORPORATIONS·Ch. 19 Dissolution of Union School Corporation

(a)Notwithstanding IC 20-26-7.1, the governing body of the Union School Corporation, before its dissolution under this chapter, shall offer for sale and sell in the open market any building and real property owned by the Union School Corporation.

(b)If the governing body is unable to sell a building described in subsection (a), the governing body of the Union School Corporation shall make the building available for purchase as provided under IC 20-26-7.1.

(c)If the governing body of the Union School Corporation does not sell a building or any real property described in subsection (a), the governing body shall transfer ownership of the building and any real property to the governing body of the Monroe Central School Corporation.

(d)Notwithstanding IC 20-26-7.1, the governing body of the

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(a) Notwithstanding IC 20-26-7.1, the
governing body of the Union School Corporation, before its dissolution
under this chapter, shall offer for sale and sell in the open market any
building and real property owned by the Union School Corporation.
(b) If the governing body is unable to sell a building described in
subsection (a), the governing body of the Union School Corporation
shall make the building available for purchase as provided under IC 20-26-7.1.
(c) If the governing body of the Union School Corporation does not
sell a building or any real property described in subsection (a), the
governing body shall transfer ownership of the building and any real
property to the governing body of the Monroe Central School
Corporation.
(d) Notwithstanding IC 20-26-7.1, the governing body of the
Monroe Central School Corporation may offer for sale and sell any
building or real property transferred under subsection (c) in the open
market.

Indiana § 20-23-19-4 (Sale of building and real property owned by the school corporation before dissolution; procedures if sale does not occur) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.