Indiana Statutes
§ 36-1-10.5-6 — Limitation on purchase price
Indiana § 36-1-10.5-6
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 1GENERAL PROVISIONS
Ch. 10.5Purchase of Land or Structures
This text of Indiana § 36-1-10.5-6 (Limitation on purchase price) 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 § 36-1-10.5-6 (2026).
Text
A purchasing agent may not purchase any
land or structure for a price greater than the average of the two (2)
appraisals received under section 5 of this chapter.
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Legislative History
As added by P.L.336-1987, SEC.1.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-1-10.5-6, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-1-10.5-6.