§ 8-23-20.5-4 — Outdoor advertising signs incapable of relocation; appraisal

Indiana § 8-23-20.5-4

• Jurisdiction: Indiana
• Art. 23: INDIANA DEPARTMENT OF
• Ch. 20.5: Relocation of Conforming Billboards

Text

(a) If an outdoor advertising sign cannot be
relocated within the market area, a court presiding over an action under
IC 32-24 shall order, subject to IC 32-24-1-9:
(1) if an appraisal has not already been submitted to the court, an
appraisal; or
(2) if an appraisal has already been submitted to the court, a new
appraisal;
with instructions to the appraisers that the outdoor advertising sign is
not capable of relocation and must be appraised using the method
described in IC 8-23-20-27.
(b) If a new appraisal is ordered under subsection (a), the new
appraisal may not affect any possession rights obtained under IC 32-24-1-10.
(c) If a new appraisal is ordered under subsection (a), any party to
the action may file exceptions to the new appraisal with the court not
later than forty-five (45) days after the appraisal report is mailed.

Legislative History

As added by P.L.97-2022, SEC.4.