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5-22-22-10. Exchange of Property Between Purchasing Agency and Governmental Body

Sec. 10. (a) A purchasing agency may exchange property with another governmental body upon terms and conditions agreed upon by the governmental bodies as evidenced by adoption of a substantially identical resolution by each entity. (b) A transfer under this section may be made for any amount of property or cash as agreed upon by […]

5-22-22-11. Notice of Sale

Sec. 11. (a) Notice of a sale under this chapter must be given by publication of the time, place, and terms of the sale, as provided in IC 5-3-1 in the county where the property is located. The publication shall be made at least fifteen (15) days before the date of the sale. (b) Notice […]

5-22-22-1. Applicability of Chapter

Sec. 1. (a) This chapter applies only to personal property owned by a governmental body. (b) This chapter does not apply to dispositions of property described in any of the following: (1) IC 5-22-21-1(b). (2) IC 36-1-11-5.5. (3) IC 36-1-11-5.7. (c) This chapter does not apply to any of the following: (1) The disposal of […]

5-22-22-3. Sale by Purchasing Agent

Sec. 3. A purchasing agency may sell property that: (1) has been left in the custody of an officer or employee of a governmental body and has remained unclaimed for more than one (1) year; or (2) belongs to the governmental body but is no longer needed or is unfit for the purpose for which […]

5-22-22-4. Use of Auctioneer

Sec. 4. (a) Except as provided in subsection (b), if the property to be sold is: (1) one (1) item, with an estimated value of one thousand dollars ($1,000) or more; or (2) more than one (1) item, with an estimated total value of five thousand dollars ($5,000) or more; the purchasing agency may engage […]

5-22-22-4.5. Internet Sales; Costs

Sec. 4.5. (a) The purchasing agency may sell surplus property using an Internet auction site that satisfies both of the following: (1) The site is approved by the office of technology established by IC 4-13.1-2-1. (2) The site is linked to the electronic gateway administered under IC 4-13.1-2-2(a)(6) by the office of technology. (b) The […]

5-22-22-5. Public Sale or Sealed Bids; Advertisements

Sec. 5. (a) If: (1) an auctioneer is not engaged under section 4 of this chapter; or (2) the surplus property is not sold through an Internet auction site under section 4.5 of this chapter; the purchasing agency shall sell the property at a public sale or by sealed bids delivered to the office of […]