Section 36-1-11-5.5 - School corporations; sale or transfer of real property or tangible or intangible personal property or licenses Notwithstanding IC 5-22-22 and sections 4, 4.1, 4.2, and 5 of this chapter, a disposing agent of a school corporation may sell or transfer:
(2) tangible or intangible personal property, licenses, or any interest in the tangible or intangible personal property or licenses that are used in, or related to, the operation of a radio station by a school corporation; for no compensation or a nominal fee to a not-for-profit corporation created for educational or recreational purposes unless the corporation is subject to section 16 of this chapter.
As added by Acts1982 , P.L. 208, SEC.5. Amended by P.L. 215-1986, SEC.1; P.L. 60-1988, SEC.28; P.L. 342-1989 (ss), SEC.36; P.L. 165-1994, SEC.5; P.L. 49-1997, SEC.71.