Indiana § 5-1.2-6-8 Authority may acquire interests in land from department of natural
resources; park project requirements

Indiana Statutes

§ 5-1.2-6-8 — Authority may acquire interests in land from department of natural resources; park project requirements

Indiana § 5-1.2-6-8

Title 5STATE AND LOCAL ADMINISTRATION

Art. 1.2INDIANA FINANCE AUTHORITY

Ch. 6Recreational Development Facilities and Park Projects

This text of Indiana § 5-1.2-6-8 (Authority may acquire interests in land from department of natural resources; park project requirements) 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 § 5-1.2-6-8 (2026).

Text

(a)The authority may acquire by:

(1)department of natural resources transfer;

(2)purchase; or

(3)lease; for nominal or substantial consideration any interest in land, including existing facilities, adjuncts, and appurtenances, that the authority considers necessary or convenient for the acquisition, construction, improvement, or development of a park project.

(b)A park project undertaken by the authority must:

(1)comply with:

(A)the master plan for that property; or

(B)the Indiana outdoor recreation plan approved by the natural resources commission; or

(2)be specifically approved by the natural resources commission.

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(a) The authority may acquire by:
(1) department of natural resources transfer;
(2) purchase; or
(3) lease;
for nominal or substantial consideration any interest in land, including
existing facilities, adjuncts, and appurtenances, that the authority
considers necessary or convenient for the acquisition, construction,
improvement, or development of a park project.
(b) A park project undertaken by the authority must:
(1) comply with:
(A) the master plan for that property; or
(B) the Indiana outdoor recreation plan approved by the natural
resources commission; or
(2) be specifically approved by the natural resources commission.