Indiana Statutes
§ 20-26-7-16 — Eminent domain; offer of reasonable value to owners before petition; costs of subsequent action
Before the filing of the petition, the township trustee or school trustees, or a majority of them, may offer or tender to the owner or owners of the real estate an amount considered a reasonable value for the real estate. If the amount fixed by the appraisers or by the court later becomes the same or less than the amount tendered:
(1)the cause shall be prosecuted at the cost of the owner or
owners of the real estate; and
(2)upon exception to the amount fixed by the appraisers, if the
exceptor does not increase the amount of the appraisement and
assessment, the action on the exception shall be at the cost of the
exceptor.
If an amount has not been tendered by the township trustee or school
trustees, or a majority of them, and an exception is not taken, the action
shall be prosecuted at th
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Legislative History
As added by P.L.1-2005, SEC.10.
Nearby Sections
15
§ 20-17-1-1
"Prior law"§ 20-17-1-2
Purpose of recodification§ 20-17-1-3
Statutory construction of recodification§ 20-17-1-4
Effect of recodification§ 20-17-1-5
Recodification of prior law§ 20-17-1-6
References to repealed statutes§ 20-17-1-7
References to citations§ 20-17-1-8
References to prior rules§ 20-17-1-9
References to prior law§ 20-17-2-1
"Prior law"§ 20-17-2-2
Purpose of recodification§ 20-17-2-3
Statutory construction of recodification§ 20-17-2-4
Effect of recodification§ 20-17-2-5
Recodification of prior law§ 20-17-2-6
References to repealed statutes