Indiana Code 4-13-1-20. Inspection, appraisal, and inventory of property; reports; rules governing protection and custody
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Sec. 20. (a) This section does not apply to property covered under IC 4-20.5-6-3.
(1) Provide for the periodic inspection, appraisal, and inventory of all of the state’s property.
(b) The department shall do both of the following:
Terms Used In Indiana Code 4-13-1-20
- Appraisal: A determination of property value.
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- state agency: means an authority, board, branch, commission, committee, department, division, or other instrumentality of the executive, including the administrative, department of state government. See Indiana Code 4-13-1-1
(2) Require reports from each state agency concerning the property in the custody of each state agency.
(c) The department may adopt rules under IC 4-22-2 to govern the protection and custody of the property of the state.
As added by P.L.7-1993, SEC.5.