Sec. 14. (a) As used in this section, "auctioneer" refers to an auctioneer licensed under IC 25-6.1. (b) Instead of taking bids, the department may engage an auctioneer to advertise the sale and to conduct a public auction of the property. (c) The advertising by an auctioneer under this section must include a detailed description of the property to be sold. (d) In addition to advertising given to the sale by an auctioneer, notice of the sale must be given as required by section 12 of this chapter. (e) The transferring agency shall pay the costs of an auction conducted under this section. As added by P.L.7-1993, SEC.7.
IC 4-20.5-7-15 Sale at less than appraised value; grant of easement Sec. 15. (a) Except as provided in subsection (b) and section 10 of this chapter, the governor must approve a sale of the property for a price less than the appraised value of the property. (b) The department may grant an easement in property without: (1) money consideration; and (2) the approval of the governor. As added by P.L.7-1993, SEC.7. Amended by P.L.267-1999, SEC.10.