§ 8-16-1-6 — Authority to purchase land or structures

The authority is authorized to purchase in the
state of Indiana and in any adjoining state, solely from funds provided
under the authority of this chapter, such lands, structures,
rights-of-way, franchises, easements, or other interests in lands,
including lands under water, riparian rights of any person, railroad, or
other public or private corporations or municipality, necessary for the
building or acquiring, by purchase or otherwise, of said bridges and
approaches thereto upon such terms, prices, or consideration as may be
considered by it to be reasonable, and can be agreed upon between it
and the owner or owners, title thereto to be taken in the name of the
state of Indiana.
Formerly: Acts 1939, c.79, s.6. As amended by Acts 1980,
P.L.74, SEC.264; P.L.109-1983, SEC.35.