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Ind. Code § 4-20.5-3-6

Auctions

As added by P.L.33-1995, SEC.9

Sec. 6. (a) The commissioner may authorize an agency under IC 5-22-10-6 to acquire property at an auction.

(b) The commissioner shall provide the agency with the maximum amounts that the agency may:

(1) bid; and

(2) provide as down payment;

in the purchase of property under this section.

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