Indiana Statutes
§ 5-22-22-8 — Worthless property
Indiana·Title 5 STATE AND LOCAL ADMINISTRATION·Art. 22 PUBLIC PURCHASING·Ch. 22 Disposition of Surplus Personal Property by a
(a)If the property is worthless, it may be
demolished or junked.
(b)For purposes of this section and IC 5-22-21-6(4)(B), property
may be considered worthless or of no market value if the value of the
property is less than the estimated costs of the sale and transportation
of the property.
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Legislative History
As added by P.L.49-1997, SEC.1. Amended by P.L.7-1998,
SEC.11.
Nearby Sections
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§ 5-1-1-1
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"ADM"§ 5-1-11.5-2
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Application to certain school corporations§ 5-1-12-1
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