Sec. 18. (a) If at least two-thirds (2/3) of the votes cast in an election under section 16 of this chapter are affirmative, the dissolution or change of name takes effect in the manner prescribed by this section.
(b) A change of name takes effect thirty (30) days after the filing of the statement required by section 17 of this chapter.
(c) A dissolution takes effect six (6) months after the filing of the statement required by section 17 of this chapter. The property owned by the town after payment of debts and liabilities shall be disposed of in the manner chosen by a majority of the voters of the town at a special election for that purpose. Dissolution of a town does not affect the validity of a contract to which the town is a party.
[Pre-Local Government Recodification Citations: 18-3-1-24 part; 18-3-1-25 part.]
As added by Acts 1980, P.L.212, SEC.4. Amended by P.L.5-1989, SEC.108; P.L.113-2010, SEC.124; P.L.219-2013, SEC.102; P.L.104-2022, SEC.165.
Structure Indiana Code
Article 5. Government of Towns
Chapter 1. Incorporation; Dissolution
36-5-1-1. Application of Chapter
36-5-1-2. Requirements of Petition to Incorporate Town
36-5-1-3. Items to Accompany Petition
36-5-1-4. Sufficiency of Petition; Plan Commission Recommendations
36-5-1-5. Public Hearing on Petition; Notice
36-5-1-6. Parties Entitled to Be Heard; Remonstrance; Dismissal of Petition
36-5-1-7. Petition to Incorporate Town Within Certain Distance of City Boundaries
36-5-1-7.1. Exemption From City Consent Requirements
36-5-1-8. County Executive Action on Petition; Public Question
36-5-1-9. Denied Petition; Resubmittal
36-5-1-11. Liability for Existing Indebtedness or Other Obligations; Payment to Township
36-5-1-11.5. Localities Considered Towns for All Purposes
36-5-1-12. Proceedings to Dissolve or Change Name; Petition, Signatures, and Reasons
36-5-1-13. Bond for Costs and Expenses
36-5-1-14. Notice of Filing of Petition and Day of Hearing
36-5-1-15. Hearing; Withdrawal of Petitioner's Name; Decision
36-5-1-16. Dissolution or Change of Name; Date of Election; Notice
36-5-1-17. Election; Ballots; Clerk's Statement of Votes Cast