36-1-11-14. Gift of tract; reconveyance

IN Code § 36-1-11-14 (2019) (N/A)
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Sec. 14. If a tract was originally transferred to a political subdivision as a gift and public funds have not been expended to improve the property since the original transfer, the disposing agent may convey it back to the original grantor or the grantor's successors with their consent without consideration upon a determination by the disposing agent that:

(1) the property is surplus; and

(2) the original grantor or the grantor's successors are eligible to receive the tract under section 16 of this chapter.

As added by P.L.331-1985, SEC.3. Amended by P.L.60-1988, SEC.34.