1. (a) The purchaser of real property sold under this chapter or to whom real property is conveyed or otherwise disposed of under this chapter shall pay the purchase money as agreed upon and certified by the state armory board to the treasurer of state for the use and benefit of the state armory board. The purchaser shall take the receipt of the treasurer of state.

2. (b) The auditor of state shall execute a deed of conveyance to the purchaser after the purchaser presents the following documents to the auditor of state:

   1. (1) The receipt of the treasurer of state.

   2. (2) A certified resolution approved by the state armory board setting forth the terms and conditions of the sale, conveyance, or other disposition.

      The deed of conveyance shall be signed by the governor and officially attested by the auditor of state with the seal of the state.

      [Pre-2003 Recodification Citation: 10-2-2-20.]

As added by P.L.2-2003, SEC.7.