Indiana Statutes

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

Indiana § 8-23-7-16
JurisdictionIndiana
Art. 23INDIANA DEPARTMENT OF
Ch. 7Real Property Transactions

This text of Indiana § 8-23-7-16 (Sale of surplus property valued at less than $10,000) 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 § 8-23-7-16 (2026).

Text

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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Legislative History

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

Nearby Sections

15
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Bluebook (online)
Indiana § 8-23-7-16, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/8-23-7-16.