Indiana Code § 36-9-4-30

Board of directors; power to acquire, hold, and dispose of property
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Sec. 30. The board of directors of a public transportation corporation may: (1) acquire by grant, purchase, gift, lease, or otherwise; and (2) hold, use, sell, lease, or dispose of; real and personal property, licenses, patents, rights, and interests necessary or convenient for the exercise of its powers under this chapter. [Pre-Local Government Recodification Citation: 19-5-2-22 part.]

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