Indiana § 36-1-11-5.5 School corporations; sale or transfer of real property or tangible or
intangible personal property or licenses

Indiana Statutes

§ 36-1-11-5.5 — School corporations; sale or transfer of real property or tangible or intangible personal property or licenses

Indiana § 36-1-11-5.5

Title 36LOCAL GOVERNMENT

Art. 1GENERAL PROVISIONS

Ch. 11Disposal of Real or Personal Property

This text of Indiana § 36-1-11-5.5 (School corporations; sale or transfer of real property or tangible or intangible personal property or licenses) 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 § 36-1-11-5.5 (2026).

Text

5. Notwithstanding IC 5-22-22 and sections 4, 4.1, 4.2, and 5 of this chapter, a disposing agent of a school corporation may sell or transfer:

(1)real property; or

(2)tangible or intangible personal property, licenses, or any interest in the tangible or intangible personal property or licenses that are used in, or related to, the operation of a radio station by a school corporation; for no compensation or a nominal fee to a not-for-profit corporation created for educational or recreational purposes unless the corporation is subject to section 16 of this chapter. As added by Acts 1982, P.L.208, SEC.5. Amended by P.L.215-1986, SEC.1; P.L.60-1988, SEC.28; P.L.342-1989(ss), SEC.36; P.L.165-1994, SEC.5; P.L.49-1997, SEC.71.

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5. Notwithstanding IC 5-22-22 and sections
4, 4.1, 4.2, and 5 of this chapter, a disposing agent of a school
corporation may sell or transfer:
(1) real property; or
(2) tangible or intangible personal property, licenses, or any
interest in the tangible or intangible personal property or licenses
that are used in, or related to, the operation of a radio station by
a school corporation;
for no compensation or a nominal fee to a not-for-profit corporation
created for educational or recreational purposes unless the corporation
is subject to section 16 of this chapter.
As added by Acts 1982, P.L.208, SEC.5. Amended by
P.L.215-1986, SEC.1; P.L.60-1988, SEC.28; P.L.342-1989(ss),
SEC.36; P.L.165-1994, SEC.5; P.L.49-1997, SEC.71.