Sec. 23. (a) A housing authority is not subject to statutes regarding the acquisition, operation, construction, reconstruction, improvement, alteration, repair, disposition, or exchange of real or personal property by other public bodies, except:

(1) with regard to money received from municipalities or counties and derived from local tax levies;

Terms Used In Indiana Code 36-7-18-23

  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Contract: A legal written agreement that becomes binding when signed.
  • Property: includes personal and real property. See Indiana Code 1-1-4-5
(2) with regard to money received from the state; and

(3) as otherwise provided by this chapter.

     (b) A housing authority is not subject to statutes regarding appropriations by other public bodies.

     (c) This subsection applies if a housing authority disposes of real property or awards a contract for the procurement of property by acceptance of bids, proposals, or quotations. A bid, proposal, or quotation submitted by a trust (as defined in IC 30-4-1-1(a)) must identify each:

(1) beneficiary of the trust; and

(2) settlor empowered to revoke or modify the trust.

[Pre-Local Government Recodification Citation: 18-7-11-8(i).]

As added by Acts 1981, P.L.309, SEC.37. Amended by P.L.336-1989(ss), SEC.53.

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