Sec. 8. (a) If the property is worthless, it may be demolished or junked.
(b) For purposes of this section and IC 5-22-21-6(4)(B), property may be considered worthless or of no market value if the value of the property is less than the estimated costs of the sale and transportation of the property.
As added by P.L.49-1997, SEC.1. Amended by P.L.7-1998, SEC.11.
Structure Indiana Code
Title 5. State and Local Administration
Chapter 22. Disposition of Surplus Personal Property by a Governmental Body
5-22-22-1. Applicability of Chapter
5-22-22-2. Applicability of Laws Regarding Disposition of State Surplus Personal Property
5-22-22-3. Sale by Purchasing Agent
5-22-22-4.5. Internet Sales; Costs
5-22-22-5. Public Sale or Sealed Bids; Advertisements
5-22-22-6. Public or Private Sale or Transfer Without Advertising
5-22-22-7. Sale or Transfer of Recyclable Property
5-22-22-9. Disposal of Law Enforcement Vehicles
5-22-22-10. Exchange of Property Between Purchasing Agency and Governmental Body