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

Indiana Statutes

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

Indiana·Title 16 HEALTH·Art. 22 COUNTY HOSPITALS·Ch. 6 County Hospital Building Authorities

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.]

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

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.]

Indiana § 16-22-6-36 (Liquidation of authority) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.