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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 4. (a) Notwithstanding IC 20-26-7.1, the governing body of the Union School Corporation, before its dissolution under this chapter, shall offer for sale and sell in the open market any building and real property owned by the Union School Corporation.
(b) If the governing body is unable to sell a building described in subsection (a), the governing body of the Union School Corporation shall make the building available for purchase as provided under IC 20-26-7.1.
(c) If the governing body of the Union School Corporation does not sell a building or any real property described in subsection (a), the governing body shall transfer ownership of the building and any real property to the governing body of the Monroe Central School Corporation.
(d) Notwithstanding IC 20-26-7.1, the governing body of the Monroe Central School Corporation may offer for sale and sell any building or real property transferred under subsection (c) in the open market.
Cite this article: FindLaw.com - Indiana Code Title 20. Education § 20-23-19-4 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-20-education/in-code-sect-20-23-19-4/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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