Indiana § 16-22-6-36 Liquidation of authority

Indiana Statutes

§ 16-22-6-36 — Liquidation of authority

Indiana § 16-22-6-36

Title 16HEALTH

Art. 22COUNTY HOSPITALS

Ch. 6County Hospital Building Authorities

This text of Indiana § 16-22-6-36 (Liquidation of authority) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ind. Code § 16-22-6-36 (2026).

Text

An authority may be liquidated after the
authority's securities are redeemed, debts are paid, and leases are
terminated if the board of directors files a report with the circuit court,
superior court, or probate court showing the facts and stating that the
liquidation is in the best public interest. The court shall find the facts
and make an order book entry ordering the authority liquidated.
[Pre-1993 Recodification Citation: 16-12-20-24.]

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An authority may be liquidated after the
authority's securities are redeemed, debts are paid, and leases are
terminated if the board of directors files a report with the circuit court,
superior court, or probate court showing the facts and stating that the
liquidation is in the best public interest. The court shall find the facts
and make an order book entry ordering the authority liquidated.
[Pre-1993 Recodification Citation: 16-12-20-24.]