Sec. 41. A township trustee may, whenever:
(1) a schoolhouse is removed to a different location or a new one erected for the school in a different place; and
(2) the land where the schoolhouse is situated belongs unconditionally to the township, town, or city;
sell the land, if the trustee believes it is advantageous to the township, town, or city to do so. The township trustee shall sell the land for the highest price that can be obtained for the land. Upon payment of the purchase money to the township, town, or city, the township trustee shall execute to the purchaser a deed of conveyance, which must be sufficient to vest in the purchaser the title the township, town, or city has to the land. The money derived from the sale becomes a part of the school revenue.
[Pre-2006 Recodification Citation: 21-1-1-80.]
As added by P.L.2-2006, SEC.125.
Structure Indiana Code
Article 26. School Corporations: General Administrative Provisions
Chapter 7. Property and Eminent Domain
20-26-7-0.4. Issuance of Bonds or Execution of Lease Under Prior Law Before May 1, 1995
20-26-7-1. Sale or Exchange of Unneeded Property
20-26-7-2. Property Damage; Insurance Proceeds
20-26-7-5. Conveyance of School Property to City Authorized
20-26-7-6. Property Acquired by Conditional Gift or Bequest; Annexation
20-26-7-7. Unconditional Devise or Bequest
20-26-7-8. Appointment of Trustees to Manage Property Acquired by Gift or Bequest
20-26-7-9. Purpose and Construction of Statutes Concerning Property Acquired by Gift or Bequest
20-26-7-13. Eminent Domain; Petition for Appointment of Appraisers
20-26-7-14. Eminent Domain; Appointment of Appraisers
20-26-7-15. Eminent Domain; Oath of Appraisers; Payment of Damages; Trial; Appeal
20-26-7-27. Inspection of Heating Systems and Fuel Lines Used for School Purposes
20-26-7-27.5. Abatement of Certain Violations
20-26-7-28. Record and Report of Heating System and Fuel Line Inspection
20-26-7-36. School Building Construction or Alteration; Feasibility Study
20-26-7-37. School Building Construction or Alteration; Hearing and Notice
20-26-7-38. School Building Construction or Alteration; Resolution
20-26-7-39. Sale or Exchange of Unneeded School Property to State; Terms of Agreement
20-26-7-40. Sale or Exchange of Unneeded School Property to State; Execution of Deed
20-26-7-41. Township Schools; Sale of Unused School Land
20-26-7-42. Township Schools; Subsequent Conveyance to Correct Error in Prior Conveyance
20-26-7-46. Requirements for Contracts as a Design Professional for a Controlled Project