Indiana § 4-20.5-7-10.3 Appraisal of property transferred to public utility

Indiana Statutes

§ 4-20.5-7-10.3 — Appraisal of property transferred to public utility

Indiana § 4-20.5-7-10.3

Art. 20.5STATE REAL PROPERTY

Ch. 7Disposition of Property

This text of Indiana § 4-20.5-7-10.3 (Appraisal of property transferred to public utility) 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 § 4-20.5-7-10.3 (2026).

Text

3.

(a)This section applies only to the transfer of property to a public utility under section 10.5 of this chapter.

(b)If property transferred under this section requires an appraisal, the commissioner may do one (1) of the following:

(1)Require the public utility to pay for the appraisal.

(2)Accept the public utility's appraisal.

(c)An appraisal under this section must be performed by an appraiser who has the qualifications required by the commissioner.

(d)The public utility shall pay for the cost of the appraisal and for any other costs involved in the transfer.

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3. (a) This section applies only to the
transfer of property to a public utility under section 10.5 of this chapter.
(b) If property transferred under this section requires an appraisal,
the commissioner may do one (1) of the following:
(1) Require the public utility to pay for the appraisal.
(2) Accept the public utility's appraisal.
(c) An appraisal under this section must be performed by an
appraiser who has the qualifications required by the commissioner.
(d) The public utility shall pay for the cost of the appraisal and for
any other costs involved in the transfer.