Indiana Code
Chapter 9. Miscellaneous Provisions
5-1.4-9-11. Dissolution of Bank; Assets and Property of Bank

Sec. 11. Upon the dissolution of the bank, all interest in the assets and property of the bank reverts to the city.
As added by P.L.42-1985, SEC.1.

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Structure Indiana Code

Indiana Code

Title 5. State and Local Administration

Article 1.4. Local Public Improvement Bond Banks

Chapter 9. Miscellaneous Provisions

5-1.4-9-1. Limitation of Actions

5-1.4-9-2. Bank Property Exempt From Levy and Sale; Judgment Against Bank Not Charge or Lien on Property; Rights of Holders of Bonds or Notes

5-1.4-9-3. Pledge of Revenues or Money

5-1.4-9-4. Insurance or Guaranty for Payment

5-1.4-9-5. Authority to Receive Appropriations or Grants From Federal Government; Disposition

5-1.4-9-6. Undertaking by Financial Institution to Keep and Pay Over Funds Deposited With It

5-1.4-9-7. Agreements With Financial Institutions; Care and Custody of Securities or Other Investments

5-1.4-9-8. Financial Institutions and Fiduciaries; Investment in Bonds or Notes

5-1.4-9-9. Nature of Bank Property; Bonds and Notes; Exemption From Taxation

5-1.4-9-10. Officers and Departments of State; Rendering of Services to Bank; Costs and Expenses

5-1.4-9-11. Dissolution of Bank; Assets and Property of Bank