Sec. 8. If land acquired by the director under this chapter is suitable for industrial, commercial, residential, or recreational development, the director may sell the land:
(1) by public sale under a system of competitive bidding at not less than fair market value; and
(2) under other conditions that are adopted by the commission by rule to ensure that the land is put to proper use consistent with local and state land use plans.
[Pre-1995 Recodification Citation: 13-4.1-15-8.]
As added by P.L.1-1995, SEC.27.
Structure Indiana Code
Title 14. Natural and Cultural Resources
Article 34. Surface Coal Mining and Reclamation
14-34-19-1.3. Acid Mine Drainage Abatement and Treatment Fund
14-34-19-1.5. Reclamation Set-Aside Fund
14-34-19-2. Lands and Water Eligible for Reclamation or Drainage Abatement Expenditures
14-34-19-3. Priorities for Expenditures
14-34-19-4. Director Entering Property to Abate Adverse Effects of Coal Mining Practices
14-34-19-5. Director Entering Property to Conduct Studies or Exploratory Work
14-34-19-6. Acquisition of Adversely Affected Land for Reclamation
14-34-19-7. Title and Price of Land Purchased
14-34-19-8. Public Sale of Land
14-34-19-10. Transfer of Land to State Agency
14-34-19-11. Sale of Land With Governor's Approval
14-34-19-13. Powers of Director
14-34-19-14. Plants for Controlling and Treating Water Pollution From Mine Drainage