Auctions

Ind. Code § 4-20.5-3-6, under Chapter 3. Acquisition of Property by the State.

Ind. Code § 4-20.5-3-6

Sec. 6. (a) The commissioner may authorize an agency under IC 5-22-10-6 to acquire property at an auction. (b) The commissioner shall provide the agency with the maximum amounts that the agency may: (1) bid; and (2) provide as down payment; in the purchase of property under this section. As added by P.L.33-1995, SEC.9. Amended by P.L.49-1997, SEC.21.