Section 4582.121 | Conveyance or exchange of property with political subdivision.
Effective:
October 30, 1965
Latest Legislation:
House Bill 645 - 106th General Assembly
The legislative authority of any municipal corporation, county, township, school district, or other political subdivision or taxing district, may convey or lease to, or exchange with, any port authority or any port authority may convey or lease to, or exchange with, a municipal corporation, county, township, school district, or other political subdivision or taxing district, without competitive bidding and on mutually agreeable terms, any personal property or real property, or any interest therein, which is not needed for the purposes of the grantor, or lessor, to be used by the recipient or lessee for its purposes.
Available Versions of this Section
- October 30, 1965 – House Bill 645 - 106th General Assembly [ View October 30, 1965 Version ]