Sale at Less Than Appraised Value; Grant of Easement

  1. Law
  2. Indiana Code
  3. State Offices and Administration
  4. State Real Property
  5. Disposition of Property
  6. Sale at Less Than Appraised Value; Grant of Easement

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Sec. 15. (a) Except as provided in subsection (b) and section 10 of this chapter, the governor must approve a sale of the property for a price less than the appraised value of the property.

(b) The department may grant an easement in property without:

(1) money consideration; and

(2) the approval of the governor.

As added by P.L.7-1993, SEC.7. Amended by P.L.267-1999, SEC.10.


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