Indiana § 8-18-21-19 Dissolution of authority

Indiana Statutes

§ 8-18-21-19 — Dissolution of authority

Indiana § 8-18-21-19

Art. 18COUNTY ROADS─FINANCING AND BONDING

Ch. 21County Toll Road Financing

This text of Indiana § 8-18-21-19 (Dissolution 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 § 8-18-21-19 (2026).

Text

(a)The county fiscal body and the municipal fiscal body of the county seat may by concurrent resolution dissolve a toll road authority. They may consider dissolving the toll road authority at any time, but they shall consider dissolving the toll road authority when they are presented with a petition signed by twenty percent (20%) of the registered voters residing in the county or thirty-five percent (35%) of the registered voters residing in the county seat.

(b)The concurrent resolution must provide a plan for paying any obligations, including bonds, of the toll road authority and for the disposition of the funds and property of the toll road authority.

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(a) The county fiscal body and the municipal
fiscal body of the county seat may by concurrent resolution dissolve a
toll road authority. They may consider dissolving the toll road authority
at any time, but they shall consider dissolving the toll road authority
when they are presented with a petition signed by twenty percent (20%)
of the registered voters residing in the county or thirty-five percent
(35%) of the registered voters residing in the county seat.
(b) The concurrent resolution must provide a plan for paying any
obligations, including bonds, of the toll road authority and for the
disposition of the funds and property of the toll road authority.