Indiana Code 14-33-16-13. Court ordering board to take steps to terminate district activities
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Sec. 13. If a majority favors dissolution of a district, the court shall, upon receiving the certification of the results, order the board to take the necessary steps to terminate all activities of the district other than those activities required to certify and collect assessments or taxes to pay the following:
(2) The expenses of liquidating the district’s property and winding up the district’s affairs.
(1) The remaining financial obligations of the district.
Terms Used In Indiana Code 14-33-16-13
- Property: includes personal and real property. See Indiana Code 1-1-4-5
[Pre-1995 Recodification Citation: 13-3-3-96(b) part.]
As added by P.L.1-1995, SEC.26.