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Indiana Code Title 36. Local Government § 36-1-11-5.5

Current as of January 02, 2024 | Updated by Findlaw Staff

Sec. 5.5. Notwithstanding IC 5-22-22 and sections 4, 4.1, 4.2, and 5 of this chapter, a disposing agent of a school corporation may sell or transfer:

(1) real property;  or

(2) tangible or intangible personal property, licenses, or any interest in the tangible or intangible personal property or licenses that are used in, or related to, the operation of a radio station by a school corporation;

for no compensation or a nominal fee to a not-for-profit corporation created for educational or recreational purposes unless the corporation is subject to section 16 of this chapter.

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Cite this article: FindLaw.com - Indiana Code Title 36. Local Government § 36-1-11-5.5 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-36-local-government/in-code-sect-36-1-11-5-5/

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