§ 5-1-4-12 — Acquisition of property

Indiana § 5-1-4-12

• Jurisdiction: Indiana
• Title 5: STATE AND LOCAL ADMINISTRATION
• Art. 1: BONDS AND OTHER OBLIGATIONS
• Ch. 4: Hospital Bonding Authorities

Text

Acquisition of Property by Authority. Any
authority is authorized and empowered, directly or by and through a
participating hospital, as its agent, to acquire by purchase or by gift or
devise such lands, structures, property, real or personal, rights,
rights-of-way, franchises, easements and other interests in lands,
including lands lying under water and riparian rights, and including
existing facilities of a participating hospital as it may deem necessary
or convenient for the construction, acquisition or operation of a project,
upon such terms and at such prices as may be considered by it to be
reasonable and can be agreed upon between it and the owner thereof,
and to take title thereto in the name of such Authority or in the name of
a participating hospital as its agent.
Formerly: Acts 1971, P.L.41, SEC.1; Acts 1972, P.L.10, SEC.1;
Acts 1975, P.L.35, SEC.5.