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.
Structure Indiana Code
Article 26. Regional Water, Sewage, and Solid Waste Districts
Chapter 7. Payment of District Expenses
13-26-7-2. Advancement of Money
13-26-7-4. Dissolution of District; Interest in Assets; Limitations