Indiana Statutes
§ 4-20.5-7-10.7 — Transfer of property to person for property of like value
Indiana § 4-20.5-7-10.7
This text of Indiana § 4-20.5-7-10.7 (Transfer of property to person for property of like value) 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 § 4-20.5-7-10.7 (2026).
Text
7.
(a)The department may transfer state
property to a person in exchange for property of like value transferred
by the person to the state:
(1)to:
(A)settle a dispute relating to either or both of the properties;
or
(B)improve:
(i)the state's ability to manage state property; or
(ii)access to state property; and
(2)without offering to transfer the state property:
(A)to state agencies, state educational institutions, or a political
subdivision under this chapter; or
(B)after a sale of the property under this chapter.
(b)The department must establish that properties exchanged under
this section are of like value through appraisals or other means
approved by the commissioner.
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Legislative History
As added by P.L.267-1999, SEC.9. Amended by P.L.33-2011,
SEC.1.
Nearby Sections
15
§ 4-1-1-1
Dates beginning and ending§ 4-1-1-2
Reports to governor§ 4-1-10-1
Applicability§ 4-1-10-1.5
"Person"§ 4-1-10-11
Attorney general investigation of disclosures; notice to county
prosecutor and state police§ 4-1-10-12
Attorney general determination of infraction; report to appointing
authority and county prosecutor§ 4-1-10-13
Attorney general rulemaking authority§ 4-1-10-2
"State agency"§ 4-1-10-3
Nondisclosure of Social Security number§ 4-1-10-6
State agency complianceCite This Page — Counsel Stack
Bluebook (online)
Indiana § 4-20.5-7-10.7, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/4-20.5-7-10.7.