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2019 Indiana Code
Title 21. Higher Education
Article 30. State Educational Institutions: Donations; Gifts, Bequests, and Devises
Chapter 5. Gifts, Bequests, and Devises; Vincennes University
21-30-5-8. Procedure for the sale of real property received as a gift
Universal Citation: IN Code § 21-30-5-8 (2019)
IC 21-30-5-8 Procedure for the sale of real property received as a gift
Sec. 8. If real property that is received as a gift, bequest, or devise is sold or is to be conveyed or otherwise disposed of, the purchaser shall pay the purchase money for the real property, as agreed, to the treasurer of Vincennes University, and the purchaser shall take the receipt of the treasurer. Upon presentation of the receipt of the treasurer to the board of trustees, the board of trustees shall cause to be executed a deed of conveyance to the purchases. The deed shall be signed by the board of trustees.
[Pre-2007 Higher Education Recodification Citation: 23-13-18-26 part.]
As added by P.L.2-2007, SEC.271.
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