Ind. Code § 36-7.6-2-6

Current through P.L. 171-2024

Section 36-7.6-2-6 - Liability for unpaid transfers after withdrawal

A county or municipality that withdraws from a development authority under section 5 of this chapter is liable to the development authority for any unpaid transfers under:

(1) IC 36-7.6-4-2; or

(2) an agreement between the members of the development authority and the development board;

that become due before the withdrawal of the county or municipality from the development authority is effective.

IC 36-7.6-2-6

Amended by P.L. 178-2015, SEC. 13, eff. 5/5/2015.

As added by P.L. 232-2007, SEC.7.