Indiana § 4-24-3-4 - Sale of property

Full text of Indiana Indiana Code § 4-24-3-4 — Sale of property, with citation guidance and answers to common questions.

§ 4-24-3-4. Sale of property

Sec. 4. (a) Any funds or other property received as provided in this chapter shall be subject to all other statutes applying to similar funds or property, including the right to sell as provided in this chapter, unless such right is prohibited under the terms of such gift, bequest, or devise.

(b) Property acquired under this chapter may be sold as follows:

(1) If the property is personal property, under IC 5-22-22.

(2) If the property is real property, under IC 4-20.5-7.

Formerly: Acts 1945, c.177, s.4. As amended by P.L.5-1984, SEC.188; P.L.7-1993, SEC.8; P.L.49-1997, SEC.23.

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 4-24-3-4

What does Indiana Code § 4-24-3-4 cover?

Section 4-24-3-4 ("Sale of property") 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 § 4-24-3-4?

A common citation format is "Indiana Code § 4-24-3-4" (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 § 4-24-3-4 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.