Sec. 26. An authority may be liquidated after redemption of all of its securities, payment of all of its debts, and termination of all of its leases if the board files a report with the judge of the circuit court, superior court, or probate court showing those facts and stating that liquidation would be in the best public interest. If the court finds those facts to be true, it shall make an order book entry ordering the authority liquidated.
As added by Acts 1982, P.L.218, SEC.4. Amended by P.L.84-2016, SEC.198.
Structure Indiana Code
Article 10. Recreation, Culture, and Community Facilities
Chapter 10. Civic Center Building Authority in South Bend or Mishawaka
36-10-10-1. Application of Chapter
36-10-10-3. Creation; Procedure
36-10-10-4. Board; Members; Appointment; Terms; Vacancies; Oath
36-10-10-5. Board; Members; Removal; Procedure
36-10-10-6. Board; Organizational Meeting; Officers; Annual Reorganization Meeting
36-10-10-7. Board; Bylaws; Meetings; Quorum; Approval of Actions; Reimbursement of Expenses
36-10-10-8. Directors; Conflicts of Interest
36-10-10-9. Preliminary Expenses; Payment; Reimbursement
36-10-10-12. Lease; Payment of Rental; Approval
36-10-10-13. Lease; Notice and Hearing; Authorization; Execution
36-10-10-15. Lease; Action to Contest Validity or Enjoin Performance; Limitation
36-10-10-17. Lease; Approval of Plans, Specifications, and Estimates
36-10-10-18. Sale or Lease of Land by City to Authority
36-10-10-19. Revenue Bonds; Issuance; Resolution
36-10-10-20. Revenue Bonds; Execution; Sale; Authority to Issue Refunding Bonds
36-10-10-21. Bonds; Application of Proceeds; Lien
36-10-10-22. Bonds; Trust Indenture
36-10-10-23. Tax Levy by City to Pay Lease Rental
36-10-10-26. Liquidation; Procedure
36-10-10-27. Construction of Addition to Convention Center by City; Law Applicable; Financing
36-10-10-28. Additions to Convention Center; Party Wall Agreements
36-10-10-29. Civic Center Board of Managers; Creation; Duties; Organization
36-10-10-30. Board of Managers; Powers
36-10-10-31. Board of Managers; Preparation and Approval of Annual Budget; Approval of Expenditures
36-10-10-32. Board of Managers; Controller and Assistant Controller; Duties