Sec. 10. (a) The proceeds of a sale under this chapter or under IC 5-22-22 shall be deposited in the state treasury and credited to the fund from which the property was purchased.
(b) The proceeds are subject to allotment by the budget agency with the approval of the governor.
As added by P.L.49-1997, SEC.1.
Structure Indiana Code
Title 5. State and Local Administration
Chapter 21. Disposition of State Surplus Personal Property
5-22-21-1. Applicability of Chapter
5-22-21-2. "Commissioner" Defined
5-22-21-3. "Department" Defined
5-22-21-4. "Surplus Property" Defined
5-22-21-5. Sales of Property; Requirements
5-22-21-6. Commissioner to Adopt Procedures
5-22-21-7. Sales to Political Subdivisions
5-22-21-7.5. Surplus Computer Hardware; Offer to Educational Entities
5-22-21-7.6. Donation of Surplus Computer Hardware to Educational Entities
5-22-21-8. Sale When Property Not Purchased by Political Subdivision