§ 14-33-16.5-13 — Board of smaller district; duties after election

Indiana § 14-33-16.5-13

• Jurisdiction: Indiana
• Art. 33: CONSERVANCY DISTRICTS
• Ch. 16.5: Dissolution of Smaller District and Assumption of

Text

(a) In an election held under this chapter,
if a majority of the freeholders of the smaller district votes to dissolve
the smaller district, not later than sixty (60) days after the election, as
the final action of the board of directors of the smaller district, the
board shall:
(1) make a full and final accounting to the court having
supervisory jurisdiction over the smaller district; and
(2) file all records of the smaller district with the court.
(b) If the smaller district's board of directors fails to timely comply
with subsection (a), the court having supervisory jurisdiction over the
smaller district shall order the board to comply or suffer a finding of
contempt of court.
(c) The larger district shall take custody and control of the smaller
district's operations, obligations, and assets on the earlier of:
(1) the date the smaller district's board of directors complies with
subsection (a)(1); or
(2) the sixtieth day after the election.
(d) The larger district is directly responsible for payment of the
smaller district's bonds or notes outstanding upon the larger district
taking custody and control of the smaller district's operations,
obligations, and assets.
(e) When the smaller district's board of directors complies with
subsection (a), the court shall issue an order:
(1) dissolving the smaller district; and
(2) discharging the board of directors of the smaller district.

Legislative History

As added by P.L.189-2005, SEC.7. Amended by P.L.84-2016, SEC.79.