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§ 20-26-7-40 — Indiana Law | CourtGPT
  1. Home/
  2. Laws/
  3. Indiana/
  4. Title 20 - Education/
  5. Article 26 - School Corporations: General Administrative Provisions/
  6. Chapter 7 - Property and Eminent Domain20-26-7-0.3. Legalization of Certain School Corporation Actions in Acquiring Property Under Deed with Reverter Clause; School Corporation Rights in Case of Reversion/
  7. § 20-26-7-40
Indiana Legal Code

§ 20-26-7-40

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Whenever:(1) an agreement described in section 39 of this chapter is executed; and(2) the payment of any money is made;deeds of conveyance shall be executed by the trustees or board of trustees of the school corporation and by the state for the transfer of state owned real estate.[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-5-54-2.]As added by P.L.1-2005, SEC.10.