Sec. 7. (a) A disposing agent who exchanges property must proceed under this section, except as permitted by section 8 or 18 of this chapter.
(b) An exchange may be made with a person who is:
(1) not a governmental entity; and
(2) eligible under section 16 of this chapter;
only after advertisement following as nearly as practical the procedure prescribed by section 4 of this chapter, with the property the disposing agent conveys to be partial or full payment for the property the disposing agent receives.
[Pre-Local Government Recodification Citations: 18-4-5-6 part; 19-6-2-38 part.]
As added by Acts 1981, P.L.57, SEC.37. Amended by P.L.60-1988, SEC.29; P.L.257-2013, SEC.42.
Structure Indiana Code
Chapter 11. Disposal of Real or Personal Property
36-1-11-1. Application of Chapter
36-1-11-3.1. Sale of Residential Real Property; Disapproval
36-1-11-3.2. Approval of Sale, Lease, or Transfer of Real Property in Certain Cities
36-1-11-4. Sale or Transfer of Real Property; Procedure
36-1-11-4.1. Sale or Transfer of Real Property, Including Provision for Leaseback; Notice; Bids
36-1-11-4.3. Public Easement or Right-of-Way
36-1-11-5.6. Sale or Transfer of Property to a Nonprofit Corporation
36-1-11-7. Exchange of Property With Persons Other Than Governmental Entity; Procedure
36-1-11-8. Exchange of Property With Governmental Entity
36-1-11-9. Trade or Exchange as Part of Purchase Price of New Property
36-1-11-10. Lease of Property; Procedure
36-1-11-10.5. Lease of a Parkway Strip, Sidewalk, Tree Row, or Verge
36-1-11-11. Execution of Deed or Other Instrument
36-1-11-12. Lease of Property; Alternative Procedure
36-1-11-13. Restrictions on Lease of County-Owned Property
36-1-11-14. Gift of Tract; Reconveyance
36-1-11-15. Tract Transferred as Gift by Not-for-Profit Corporation or Organization; Reconveyance
36-1-11-17. Terms of Reconveyance or Return
36-1-11-18. School Corporations in Laporte County; Transfer to Governmental Agency