Sec. 9. The sale price of an existing school building must be determined under the provisions of IC 20-47-2 or IC 20-47-3 relating to the sale of land to a lessor corporation. Except as provided in this section, IC 20-26-7 and any other law relating to the sale of the property of school corporations or other public property do not apply to the sale of an existing school building to a lessor corporation under this chapter.
[Pre-2006 Recodification Citation: 21-5-9-5.]
As added by P.L.2-2006, SEC.170.
Structure Indiana Code
Article 47. Related Entities; Holding Companies; Lease Agreements
Chapter 4. Lease of Existing School Building
20-47-4-2. "Existing School Building"
20-47-4-3. "Improved School Building"
20-47-4-6. Powers; Acquisition and Financing of Existing School Building; Compliance With Other Laws
20-47-4-7. Limitation on Payment of Legal or Other Professional Fee
20-47-4-8. Compliance With Other Laws