Indiana § 20-26-7-42 Township schools; subsequent conveyance to correct error in prior
conveyance

Indiana Statutes

§ 20-26-7-42 — Township schools; subsequent conveyance to correct error in prior conveyance

Indiana·Title 20 EDUCATION·Art. 26 SCHOOL CORPORATIONS: GENERAL·Ch. 7 Property and Eminent Domain

(a)If an officer authorized to sell school land sells any lands without a title to the land, the officer or the officer's successor in office may convey other land of equal value that is agreed upon by the officer and the purchaser, purchaser's heirs, or purchaser's assigns. If an agreement is not made, the purchase money, with interest, shall be repaid to the purchaser, purchaser's heirs, purchaser's executors, purchaser's administrators, or purchaser's assigns.

(b)Purchase money may not be repaid until the prosecuting attorney has:

(1)investigated the facts of the case; and

(2)certified to the correctness of the claim. [Pre-2006 Recodification Citation: 21-1-1-81.]

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(a) If an officer authorized to sell school land
sells any lands without a title to the land, the officer or the officer's
successor in office may convey other land of equal value that is agreed
upon by the officer and the purchaser, purchaser's heirs, or purchaser's
assigns. If an agreement is not made, the purchase money, with interest,
shall be repaid to the purchaser, purchaser's heirs, purchaser's
executors, purchaser's administrators, or purchaser's assigns.
(b) Purchase money may not be repaid until the prosecuting attorney
has:
(1) investigated the facts of the case; and
(2) certified to the correctness of the claim.
[Pre-2006 Recodification Citation: 21-1-1-81.]

Indiana § 20-26-7-42 (Township schools; subsequent conveyance to correct error in prior conveyance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.