Indiana Code 14-33-20-5. District as legal entity
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Sec. 5. (a) A district electing to come under this chapter is considered, with regard to activities relating to furnishing water supply for domestic, industrial, and public use, to be a legal entity for the following purposes:
(2) The borrowing of money, including security for indebtedness so incurred.
(1) Contracting with individuals, associations, corporations, municipal corporations, conservancy districts, the state, and the United States for the acquisition of property.
Terms Used In Indiana Code 14-33-20-5
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
- water supply: include the following:
Indiana Code 14-33-20-3
(3) The purchase and sale of water.
(b) A district:
(1) may sue and be sued for the purposes described in subsection (a); and
(2) has the rights and powers granted by this article to the extent consistent with this chapter.
[Pre-1995 Recodification Citation: 13-3-4-3.]
As added by P.L.1-1995, SEC.26.