IC 14-36-2-12 Sale of Land

LibraryIndiana Statutes
Edition2023
CurrencyCurrent through P.L. 255-2023
Year2023
CitationIC 14-36-2-12

(a) If the retention of the land by the department or other state agencies is determined to be impractical, the department may, with the approval of the governor, sell the land:

(1) to political subdivisions of the state at the cost of acquisition and restoration; or

(2) by public sale to the highest bidder for not less than fair market value for reclaimed land as determined by two (2) private appraisers appointed by the department.

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT