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Ind. Code § 36-9-4-30

Board of directors; power to acquire, hold, and dispose of property

As added by Acts 1981, P.L.309, SEC.77.

Sec. 30. The board of directors of a public transportation corporation may:

(1) acquire by grant, purchase, gift, lease, or otherwise; and

(2) hold, use, sell, lease, or dispose of;

real and personal property, licenses, patents, rights, and interests necessary or convenient for the exercise of its powers under this chapter.

Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.