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Indiana · Snapshot 2026

IC 5-1.2-6-8: Authority may acquire interests in land from department of natural resources; park project requirements

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Where this section sits in the code
  1. TITLE 5. STATE AND LOCAL ADMINISTRATION
  2. ARTICLE 1.2. INDIANA FINANCE AUTHORITY
  3. Chapter 6. Recreational Development Facilities and Park Projects

Sec. 8. (a) The authority may acquire by:

(1) department of natural resources transfer;

(2) purchase; or

(3) lease;

for nominal or substantial consideration any interest in land, including existing facilities, adjuncts, and appurtenances, that the authority considers necessary or convenient for the acquisition, construction, improvement, or development of a park project.

(b) A park project undertaken by the authority must:

(1) comply with:

(A) the master plan for that property; or

(B) the Indiana outdoor recreation plan approved by the natural resources commission; or

(2) be specifically approved by the natural resources commission.

Collected 2026-09-02T16:11:39Z. Source file · JSON

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