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§ 4-24-3-4 — Indiana Law | CourtGPT
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  3. Indiana/
  4. Title 4 - State Offices and Administration/
  5. Article 24 - Institutions─general Provisions/
  6. Chapter 3 - Receipt and Use of Gifts and Bequests4-24-3-1. Authorization to Accept Gifts/
  7. § 4-24-3-4
Indiana Legal Code

§ 4-24-3-4

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(a) Any funds or other property received as provided in this chapter shall be subject to all other statutes applying to similar funds or property, including the right to sell as provided in this chapter, unless such right is prohibited under the terms of such gift, bequest, or devise.(b) Property acquired under this chapter may be sold as follows:(1) If the property is personal property, under IC 5-22-22.(2) If the property is real property, under IC 4-20.5-7.Formerly: Acts 1945, c.177, s.4. As amended by P.L.5-1984, SEC.188; P.L.7-1993, SEC.8; P.L.49-1997, SEC.23.