Sec. 15. (a) The purchaser of
real property sold under this chapter or to whom real
property is conveyed or otherwise disposed of under this chapter shall pay the purchase money as agreed upon and certified by the state armory board to the treasurer of state for the use and benefit of the state armory board. The purchaser shall take the receipt of the treasurer of state.
Ask a legal question, get an answer ASAP!
Click here to chat with a lawyer about your rights.
Terms Used In Indiana Code 10-16-3-15
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(1) The receipt of the treasurer of state.
(2) A certified resolution approved by the state armory board setting forth the terms and conditions of the sale, conveyance, or other disposition.
The deed of conveyance shall be signed by the governor and officially attested by the state comptroller with the seal of the state.
[Pre-2003 Recodification Citation: 10-2-2-20.]
As added by P.L.2-2003, SEC.7. Amended by P.L.9-2024, SEC.316.
