Indiana Statutes
§ 36-7-40-10 — Disposal of assets and liabilities upon repeal of ordinance
Indiana § 36-7-40-10
JurisdictionIndiana
Title 36LOCAL GOVERNMENT
Art. 7PLANNING AND DEVELOPMENT
Ch. 40Economic Enhancement Districts
This text of Indiana § 36-7-40-10 (Disposal of assets and liabilities upon repeal of ordinance) 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 § 36-7-40-10 (2026).
Text
If the ordinance that established an
economic enhancement district is repealed, the assets and liabilities of
the economic enhancement district shall be disposed of in the manner
determined by the city. However, liabilities incurred by the economic
enhancement district are not an obligation of the city and are payable
only from the special benefits assessments and other revenues of the
economic enhancement district.
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Legislative History
As added by P.L.201-2023, SEC.279.
Nearby Sections
15
§ 36-1-10-1
Application of chapter§ 36-1-10-10
Plans, specifications, and estimates for structures, systems, and
transportation projects§ 36-1-10-11
Property held in fee simple; sale procedure§ 36-1-10-12
Lease in anticipation of acquisition or construction of structure, system,
or transportation project§ 36-1-10-13
Hearing; procedure; execution of lease§ 36-1-10-17
Annual appropriation and tax levy§ 36-1-10-18
Tax exemption of leased structures, systems, and transportation
projects; taxation of rental paid lessor§ 36-1-10-19
Assignment or conveyance of lease; conveyance of structure, system,
or transportation project§ 36-1-10-2
Definitions§ 36-1-10-20
RepealedCite This Page — Counsel Stack
Bluebook (online)
Indiana § 36-7-40-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/36-7-40-10.