(b) The library board may:(1) sell;(2) exchange; or(3) otherwise dispose of;real and personal property no longer needed for library purposes in accordance with IC 36-1-11 and IC 5-22.(c) The library board may transfer personal property no longer needed for library purposes for no compensation or a nominal fee to an Indiana nonprofit library organization that is:(1) tax exempt; and(2) organized and operated for the exclusive benefit of the library disposing of the property;without complying with IC 36-1-11 or IC 5-22.(d) The library board may:(1) accept gifts of real or personal property; and(2) hold, mortgage, lease, or sell the property as directed by the terms of the grant, gift, bequest, or devise;when the action is in the interest of the public library.[Pre-2005 Elementary and Secondary Education Recodification Citation: 20-14-3-4.]As added by P.L.1-2005, SEC.49. Amended by P.L.84-2012, SEC.23.
Indiana Legal Code