Indiana Statutes
§ 16-22-7-41 — Liquidation of authority
Indiana·Title 16 HEALTH·Art. 22 COUNTY HOSPITALS·Ch. 7 Hospital Building Authorities in County With Hospital
An authority may be liquidated after
redemption of the authority's securities, payment of the authority's
debts, and termination of the authority's leases if the governing board
files a report with the circuit court, superior court, or probate court
showing the facts and stating that liquidation is in the best public
interest. If the court finds the facts, the court shall make an order book
entry ordering the authority liquidated.
[Pre-1993 Recodification Citation: 16-12-20.5-26.]
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Legislative History
As added by P.L.2-1993, SEC.5. Amended by P.L.84-2016,
SEC.89.
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