Tract transferred as gift by not-for-profit corporation or organization; reconveyance

Ind. Code § 36-1-11-15
in effect
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Sec. 15. If a tract was originally transferred to a political subdivision as a gift by a not-for-profit corporation or organization, the disposing agent may convey it back to the original grantor or the grantor's successors with their consent without consideration upon a determination by the disposing agent that: (1) the property is surplus; and (2) the original grantor or the grantor's successors are eligible to receive the tract under section 16 of this chapter. As added by P.L.330-1985, SEC.5. Amended by P.L.60-1988, SEC.35.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026

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