Ind. Code § 13-26-7-4

Current through P.L. 171-2024

Section 13-26-7-4 - Dissolution of district; interest in assets; limitations

If the commissioner orders a district dissolved as permitted in IC 13-26-6-4, the interest an entity has in the assets of the district is limited to those assets remaining after the payment of all other liabilities of the district.

IC 13-26-7-4

Pre-1996 Recodification Citation: 13-3-2-5(h) part.

As added by P.L. 1-1996, SEC.16.