Indiana Statutes
§ 36-1-11-7 — Exchange of property with persons other than governmental entity; procedure
Indiana·Title 36 LOCAL GOVERNMENT·Art. 1 GENERAL PROVISIONS·Ch. 11 Disposal of Real or Personal Property
(a)A disposing agent who exchanges property
must proceed under this section, except as permitted by section 8 or 18
of this chapter.
(b)An exchange may be made with a person who is:
(1)not a governmental entity; and
(2)eligible under section 16 of this chapter;
only after advertisement following as nearly as practical the procedure
prescribed by section 4 of this chapter, with the property the disposing
agent conveys to be partial or full payment for the property the
disposing agent receives.
[Pre-Local Government Recodification Citations: 18-4-5-6
part; 19-6-2-38 part.]
As added by Acts 1981, P.L.57, SEC.37. Amended by
P.L.60-1988, SEC.29; P.L.257-2013, SEC.42.
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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
Repealed