5-22-22-10. Exchange of property between purchasing agency and governmental body

IN Code § 5-22-22-10 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

Sec. 10. (a) A purchasing agency may exchange property with another governmental body upon terms and conditions agreed upon by the governmental bodies as evidenced by adoption of a substantially identical resolution by each entity.

(b) A transfer under this section may be made for any amount of property or cash as agreed upon by the governmental bodies.

As added by P.L.49-1997, SEC.1.