Sec. 2. Whenever surplus real property or personal property is disposed of by acceptance of bids, a bid submitted by a trust must identify each: (1) beneficiary of the trust; and (2) settlor empowered to revoke or modify the trust. [Pre-2007 Higher Education Recodification Citation: 20-12-5-5(b) part.] As added by P.L.2-2007, SEC.277.
Bids; criteria
Ind. Code § 21-36-2-2, under Disposition of Property to a Trust.
Ind. Code § 21-36-2-2