Trade or exchange as part of purchase price of new property

Ind. Code § 36-1-11-9
in effect
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Sec. 9. Whenever a disposing agent purchases new property with a condition that property of a similar nature is to be traded in or exchanged as part of the purchase and in reduction of the purchase price, the exchange or trade-in may be made without compliance with section 7 of this chapter but must comply with section 16 of this chapter. [Pre-Local Government Recodification Citation: 18-4-5-6 part.] As added by Acts 1981, P.L.57, SEC.37. Amended by P.L.60-1988, SEC.30.
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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