Limitation on purchase price

Ind. Code § 36-1-10.5-6, under Purchase of Land or Structures.

Ind. Code § 36-1-10.5-6

Sec. 6. A purchasing agent may not purchase any land or structure for a price greater than the average of the two (2) appraisals received under section 5 of this chapter. As added by P.L.336-1987, SEC.1.