Dissolution of district; interest in assets; limitations

Ind. Code § 13-26-7-4
in effect
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Sec. 4. If the commissioner orders a district dissolved as permitted in IC 13-26-6-4, the interest an entity has in the assets of the district is limited to those assets remaining after the payment of all other liabilities of the district. [Pre-1996 Recodification Citation: 13-3-2-5(h) part.] As added by P.L.1-1996, SEC.16.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/13Fetched: 10/17/2026

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