Indiana § 36-1-11-14 Gift of tract; reconveyance

Indiana Statutes

§ 36-1-11-14 — Gift of tract; reconveyance

Indiana·Title 36 LOCAL GOVERNMENT·Art. 1 GENERAL PROVISIONS·Ch. 11 Disposal of Real or Personal Property

If a tract was originally transferred to a political subdivision as a gift and public funds have not been expended to improve the property since the original transfer, the disposing agent may convey it back to the original grantor or the grantor's successors with their consent without consideration upon a determination by the disposing agent that:

(1)the property is surplus; and

(2)the original grantor or the grantor's successors are eligible to receive the tract under section 16 of this chapter.

Free access — add to your briefcase to read the full text and ask questions with AI

If a tract was originally transferred to a
political subdivision as a gift and public funds have not been expended
to improve the property since the original transfer, the disposing agent
may convey it back to the original grantor or the grantor's successors
with their consent without consideration upon a determination by the
disposing agent that:
(1) the property is surplus; and
(2) the original grantor or the grantor's successors are eligible to
receive the tract under section 16 of this chapter.

Indiana § 36-1-11-14 (Gift of tract; reconveyance) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.