Indiana § 13-26-6-4 Dissolution of district; distribution of assets

Indiana Statutes

§ 13-26-6-4 — Dissolution of district; distribution of assets

Indiana·Art. 26 REGIONAL WATER, SEWAGE, AND SOLID·Ch. 6 District Plan

If:

(1)the department determines that the project or operation of the district is not economically feasible, fair, or reasonable; or

(2)the district fails to file a plan for the operation of the district within the time prescribed by the department; the department may declare the district dissolved and enter an order for the distribution of all assets owned by the district after the payment of liabilities. [Pre-1996 Recodification Citation: 13-3-2-5(g) part.]

Free access — add to your briefcase to read the full text and ask questions with AI

If:
(1) the department determines that the project or operation of the
district is not economically feasible, fair, or reasonable; or
(2) the district fails to file a plan for the operation of the district
within the time prescribed by the department;
the department may declare the district dissolved and enter an order for
the distribution of all assets owned by the district after the payment of
liabilities.
[Pre-1996 Recodification Citation: 13-3-2-5(g) part.]

Indiana § 13-26-6-4 (Dissolution of district; distribution of assets) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.