Sec. 16. (a) The commission may sell, transfer, or convey to:
(1) a political subdivision of the state; or
(2) a public agency, department, or agency;
for the consideration and upon the terms that the commission considers appropriate real property, including a facility, a betterment, or an improvement, within the projects or acquired under this chapter, if the sale, transfer, or conveyance and ownership by the transferee furthers the purposes of this chapter.
(b) Transfer is subject to the restrictions that the commission considers appropriate in furtherance of the purposes of this chapter.
[Pre-1995 Recodification Citation: 14-6-29.5-6(b).]
As added by P.L.1-1995, SEC.6.
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