Indiana § 5-1-17-27 Real property conveyance without bid or advertisement

Indiana Statutes

§ 5-1-17-27 — Real property conveyance without bid or advertisement

Indiana § 5-1-17-27

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1BONDS AND OTHER OBLIGATIONS

Ch. 17Indiana Stadium and Convention Building Authority

This text of Indiana § 5-1-17-27 (Real property conveyance without bid or advertisement) 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 § 5-1-17-27 (2026).

Text

In order to enable the authority to lease a
capital improvement or existing facility to a state agency under section
26 of this chapter, the governor may convey, transfer, or sell, with or
without consideration, real property (including the buildings,
structures, and improvements), title to which is held in the name of the
state, to the authority, without being required to advertise or solicit bids
or proposals, in order to accomplish the governmental purposes of this
chapter.

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In order to enable the authority to lease a
capital improvement or existing facility to a state agency under section
26 of this chapter, the governor may convey, transfer, or sell, with or
without consideration, real property (including the buildings,
structures, and improvements), title to which is held in the name of the
state, to the authority, without being required to advertise or solicit bids
or proposals, in order to accomplish the governmental purposes of this
chapter.