Sale or exchange of unneeded school property to state; execution of deed

Ind. Code § 20-26-7-40
in effect
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Sec. 40. Whenever: (1) an agreement described in section 39 of this chapter is executed; and (2) the payment of any money is made; deeds of conveyance shall be executed by the trustees or board of trustees of the school corporation and by the state for the transfer of state owned real estate. [Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-54-2.] As added by P.L.1-2005, SEC.10.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/20Fetched: 10/17/2026

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