Indiana § 14-13-1-16 - Acquisition of property by purchase or lease
Full text of Indiana Indiana Code § 14-13-1-16 — Acquisition of property by purchase or lease, with citation guidance and answers to common questions.
§ 14-13-1-16. Acquisition of property by purchase or lease
Sec. 16. (a) The commission may acquire, by purchase or by lease:
(1) any land, property, rights, rights-of-way, franchises, easements, and other interests in real property, including land under water and riparian rights; and
(2) any existing facilities, betterments, and improvements;
that the commission considers necessary or convenient for the establishment, development, construction, improvement, or operation of any projects.
(b) Property may be acquired under subsection (a):
(1) upon the terms; and
(2) at the price or rent;
that the commission considers reasonable and that are agreed upon by the commission and the owner.
(c) The commission may acquire land and other interests in real property under subsection (a) by:
(1) gift or bequest; or
(2) condemnation under section 17 of this chapter.
(d) The commission shall take and hold title to the land and other interests in the name of the state of Indiana.
[Pre-1995 Recodification Citation: 14-6-29-5(a).]
As added by P.L.1-1995, SEC.6.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 14-13-1-16
What does Indiana Code § 14-13-1-16 cover?
Section 14-13-1-16 ("Acquisition of property by purchase or lease") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 14-13-1-16?
A common citation format is "Indiana Code § 14-13-1-16" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 14-13-1-16 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.