§ 36-1-10.5-1 Application of chapter
§ 36-1-10.5-2 “Parking facility” defined
§ 36-1-10.5-3 “Purchasing agent” defined
§ 36-1-10.5-4 “Structure” defined
§ 36-1-10.5-5 Purchase of land or structure; required procedures
§ 36-1-10.5-6 Limitation on purchase price
lawyer at desk

Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.

Terms Used In Indiana Code > Title 36 > Article 1 > Chapter 10.5 - Purchase of Land or Structures

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
  • parking facility: refers to a parking facility as defined in IC 36-9-1. See Indiana Code 36-1-10.5-2
  • purchasing agent: means the board or officer of a political subdivision or agency with the power to purchase land or structures. See Indiana Code 36-1-10.5-3
  • structure: means :

    Indiana Code 36-1-10.5-4