Indiana § 36-7-18-18 Property management; acquisition, ownership, and disposition of
property

Indiana Statutes

§ 36-7-18-18 — Property management; acquisition, ownership, and disposition of property

Indiana·Title 36 LOCAL GOVERNMENT·Art. 7 PLANNING AND DEVELOPMENT·Ch. 18 Housing Authorities

A housing authority may:

(1)lease or rent any land, buildings, structures, or facilities included in a housing project;

(2)fix the rentals or charges for property it rents or leases;

(3)own, hold, and improve real or personal property;

(4)acquire any interest in real or personal property in any manner, including the power of eminent domain;

(5)dispose of any interest in real or personal property in any manner;

(6)provide for the insurance of the property or operations of the authority against risks or hazards; and

(7)obtain from the federal government insurance or guarantees for the payment of any debts secured by mortgages on property included in a housing project, whether or not those debts were incurred by the authority. [Pre-Local Government Recodification Citations: 18-4-8-5 pa

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A housing authority may:
(1) lease or rent any land, buildings, structures, or facilities
included in a housing project;
(2) fix the rentals or charges for property it rents or leases;
(3) own, hold, and improve real or personal property;
(4) acquire any interest in real or personal property in any
manner, including the power of eminent domain;
(5) dispose of any interest in real or personal property in any
manner;
(6) provide for the insurance of the property or operations of the
authority against risks or hazards; and
(7) obtain from the federal government insurance or guarantees
for the payment of any debts secured by mortgages on property
included in a housing project, whether or not those debts were
incurred by the authority.
[Pre-Local Government Recodification Citations: 18-4-8-5
part; 18-7-11-8(d).]
As added by Acts 1981, P.L.309, SEC.37. Amended by
P.L.344-1987, SEC.6.

Indiana § 36-7-18-18 (Property management; acquisition, ownership, and disposition of property) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.