Sec. 3. (a) The board of directors of the corporation shall file a statement of the repair assessments with the county auditor. The assessments are a lien upon filing.

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Terms Used In Indiana Code 14-27-9-3

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Lien: A claim against real or personal property in satisfaction of a debt.
     (b) The county auditor shall do the following:

(1) Draw a warrant for the total amount of the repair assessments payable to the treasurer of the corporation.

(2) Place the repair assessments on the tax duplicate of each affected landowner.

[Pre-1995 Recodification Citation: 13-2-30-2.]

As added by P.L.1-1995, SEC.20.

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