Indiana § 6-1.1-20.3-6 Petitions to the board; petition by treasurer of state

Indiana Statutes

§ 6-1.1-20.3-6 — Petitions to the board; petition by treasurer of state

Indiana § 6-1.1-20.3-6

Art. 1.1PROPERTY TAXES

Ch. 20.3Distressed Political Subdivisions

This text of Indiana § 6-1.1-20.3-6 (Petitions to the board; petition by treasurer of state) 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 § 6-1.1-20.3-6 (2026).

Text

(a)The fiscal body and the executive of a political subdivision may jointly file a petition with the board seeking to have the political subdivision designated as a distressed political subdivision under this chapter.

(b)The governing body or the superintendent of a school corporation may do any of the following:

(1)File a petition with the board seeking relief under section 8.3 of this chapter.

(2)File a petition with the board seeking to have the school corporation designated as a distressed political subdivision under this chapter.

(c)If the treasurer of state has reason to believe that a school corporation will not be able to pay the school corporation's debt service obligations (as defined in IC 20-48-1-11) as those debt service obligations become due, the treasurer of state may

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

(a) The fiscal body and the executive of a
political subdivision may jointly file a petition with the board seeking
to have the political subdivision designated as a distressed political
subdivision under this chapter.
(b) The governing body or the superintendent of a school
corporation may do any of the following:
(1) File a petition with the board seeking relief under section 8.3
of this chapter.
(2) File a petition with the board seeking to have the school
corporation designated as a distressed political subdivision under
this chapter.
(c) If the treasurer of state has reason to believe that a school
corporation will not be able to pay the school corporation's debt service
obligations (as defined in IC 20-48-1-11) as those debt service
obligations become due, the treasurer of state may file a petition with
the board seeking to have the school corporation designated as a
distressed political subdivision under this chapter.
(d) The board may adopt procedures governing the timing and
required content of a petition under subsection (a) or (c).

Legislative History

As added by P.L.224-2007, SEC.36. Amended by P.L.146-2008, SEC.205; P.L.145-2012, SEC.5; P.L.257-2013, SEC.20; P.L.241-2017, SEC.6; P.L.244-2017, SEC.11; P.L.140-2018, SEC.2.