Indiana Code § 36-7-16-6

Property acquired by default; disposition
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Sec. 6. If the agency acquires title to property as the result of a failure to comply with the terms of a loan made under this chapter, the agency may make the same use or disposition of the property that it may make of any other property to which it acquires title. [Pre-Local Government Recodification Citation: 18-7-7.5-6.]

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