Indiana § 21-30-5-8 Procedure for the sale of real property received as a gift

Indiana Statutes

§ 21-30-5-8 — Procedure for the sale of real property received as a gift

Indiana § 21-30-5-8

Title 21HIGHER EDUCATION

Art. 30STATE EDUCATIONAL INSTITUTIONS:

Ch. 5Gifts, Bequests, and Devises; Vincennes University

This text of Indiana § 21-30-5-8 (Procedure for the sale of real property received as a gift) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 21-30-5-8 (2026).

Text

If real property that is received as a gift,
bequest, or devise is sold or is to be conveyed or otherwise disposed of,
the purchaser shall pay the purchase money for the real property, as
agreed, to the treasurer of Vincennes University, and the purchaser
shall take the receipt of the treasurer. Upon presentation of the receipt
of the treasurer to the board of trustees, the board of trustees shall
cause to be executed a deed of conveyance to the purchases. The deed
shall be signed by the board of trustees.
[Pre-2007 Higher Education Recodification Citation:
23-13-18-26 part.]

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If real property that is received as a gift,
bequest, or devise is sold or is to be conveyed or otherwise disposed of,
the purchaser shall pay the purchase money for the real property, as
agreed, to the treasurer of Vincennes University, and the purchaser
shall take the receipt of the treasurer. Upon presentation of the receipt
of the treasurer to the board of trustees, the board of trustees shall
cause to be executed a deed of conveyance to the purchases. The deed
shall be signed by the board of trustees.
[Pre-2007 Higher Education Recodification Citation:
23-13-18-26 part.]