Indiana § 5-22-22-4 - Use of auctioneer
Full text of Indiana Indiana Code § 5-22-22-4 — Use of auctioneer, with citation guidance and answers to common questions.
§ 5-22-22-4. Use of auctioneer
Sec. 4. (a) Except as provided in subsection (b), if the property to be sold is:
(1) one (1) item, with an estimated value of one thousand dollars ($1,000) or more; or
(2) more than one (1) item, with an estimated total value of five thousand dollars ($5,000) or more;
the purchasing agency may engage an auctioneer licensed under IC 25-6.1 to advertise the sale and conduct a public auction.
(b) This subsection applies if the property to be sold is property that belongs to a state agency. If the property is not to be sold under section 4.5 of this chapter, the commissioner of the Indiana department of administration shall sell the property under this section. In engaging an auctioneer under this section, the commissioner shall give preference to an auctioneer to conduct the public auction who is also a resident of Indiana.
(c) The advertising by an auctioneer under this section must include a detailed description of the property to be sold.
(d) The purchasing agency shall pay an auctioneer who conducts a sale under this section from the gross proceeds of the sale received before other expenses and liens are paid.
As added by P.L.49-1997, SEC.1. Amended by P.L.58-2018, SEC.2.
Source: official Indiana text · Last verified 2026-08-27
Frequently Asked Questions About Indiana § 5-22-22-4
What does Indiana Code § 5-22-22-4 cover?
Section 5-22-22-4 ("Use of auctioneer") 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 § 5-22-22-4?
A common citation format is "Indiana Code § 5-22-22-4" (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 § 5-22-22-4 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.