Indiana Code 36-1-11-8. Exchange of property with governmental entity
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Terms Used In Indiana Code 36-1-11-8
- Property: includes personal and real property. See Indiana Code 1-1-4-5
Sec. 8. A transfer or exchange of property may be made with a governmental entity upon terms and conditions agreed upon by the entities as evidenced by adoption of a substantially identical resolution by each entity. Such a transfer may be made for any amount of real property, cash, or other personal property, as agreed upon by the entities.
[Pre-Local Government Recodification Citations: 18-4-5-6 part; 18-6-11-5 part; 18-6-11-6 part; 19-6-2-38 part.]
As added by Acts 1981, P.L.57, SEC.37.