Indiana Statutes
§ 36-9-23-15 — Acquisition of property subject to lien or other encumbrance
Indiana·Title 36 LOCAL GOVERNMENT·Art. 9 TRANSPORTATION AND PUBLIC WORKS·Ch. 23 Municipal Sewage Works
Property upon which any lien or other
encumbrance exists may not be acquired under this chapter unless, at
the time the property is acquired, a sufficient sum of money is
deposited in trust to pay and redeem the lien or encumbrance in full.
[Pre-Local Government Recodification Citation:
19-2-5-9.]
As added by Acts 1981, P.L.309, SEC.96.
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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Repealed