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2017 Indiana Code
TITLE 20. Education
ARTICLE 26. SCHOOL CORPORATIONS: GENERAL ADMINISTRATIVE PROVISIONS
CHAPTER 7. Property and Eminent Domain
20-26-7-40. Sale or exchange of unneeded school property to state; execution of deed
Universal Citation: IN Code § 20-26-7-40 (2017)
IC 20-26-7-40 Sale or exchange of unneeded school property to state; execution of deed
Sec. 40. Whenever:
(1) an agreement described in section 39 of this chapter is executed; and
(2) the payment of any money is made;
deeds of conveyance shall be executed by the trustees or board of trustees of the school corporation and by the state for the transfer of state owned real estate.
[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-54-2.]
As added by P.L.1-2005, SEC.10.
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