Property acquired by default; disposition

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Indiana Code › Title 36 › Article 7 › Chapter 16 › Section 36-7-16-6

This text was captured on Aug 14, 2026. It is a snapshot, not a live feed, so check the official code before relying on it.

Text

Sec. 6. If the agency acquires title to property as the result of a failure to comply with the terms of a loan made under this chapter, the agency may make the same use or disposition of the property that it may make of any other property to which it acquires title.

[Pre-Local Government Recodification Citation: 18-7-7.5-6.]

As added by Acts 1981, P.L.309, SEC.35.

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