Sec. 23. (a) A housing authority is not subject to statutes regarding the acquisition, operation, construction, reconstruction, improvement, alteration, repair, disposition, or exchange of real or personal property by other public bodies, except:
(1) with regard to money received from municipalities or counties and derived from local tax levies;
(2) with regard to money received from the state; and
(3) as otherwise provided by this chapter.
(b) A housing authority is not subject to statutes regarding appropriations by other public bodies.
(c) This subsection applies if a housing authority disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations. A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:
(1) beneficiary of the trust; and
(2) settlor empowered to revoke or modify the trust.