Indiana Statutes

§ 8-23-7-16 — Sale of surplus property valued at less than $10,000

Indiana·Art. 23 INDIANA DEPARTMENT OF·Ch. 7 Real Property Transactions
If the appraised value of real property determined to be surplus under section 13 of this chapter is less than ten thousand dollars ($10,000), the department may sell the surplus property without advertising or competitive bids for not less than the full appraised value of the surplus property upon approval by the commissioner and the governor.

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Indiana § 8-23-7-16 (Sale of surplus property valued at less than $10,000) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

As added by P.L.18-1990, SEC.216. Amended by P.L.12-2022, SEC.6.

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