Sec. 5. (a) If an entry under section 4 of this chapter is made, the governor or adjutant general may order the property sold at public or private sale as in their judgment will be for the best interests of the state.
(b) Payment for a sale of property under subsection (a) shall be made in cash to the adjutant general who shall:
(1) enter of record the receipt of the money;
(2) turn the property over to the purchaser; and
(3) pay the money to the treasurer of the state.
The money becomes and remains a part of the military fund to be used for the benefit of the Indiana national guard.
[Pre-2003 Recodification Citation: 10-2-6-7.]
As added by P.L.2-2003, SEC.7.
Structure Indiana Code
Article 16. Indiana Military Code
Chapter 10. Public Property and Military Equipment
10-16-10-1. Security of Property; Pecuniary Liability of Officers and Enlisted Personnel
10-16-10-2. Board of Survey; Collection of Damages or Losses
10-16-10-3. Items Exempt From Execution for Debt
10-16-10-4. Property No Longer of Value to National Guard
10-16-10-5. Sales of Property No Longer of Value to National Guard
10-16-10-6. Loan Companies or Pawnbrokers; Reports
10-16-10-7. Loan Companies or Pawnbrokers; Permits to Sell Government Property
10-16-10-8. Seizure of Military Property
10-16-10-9. Payment of Bills or Accounts