Sec. 4. If: (1) the department determines that the project or operation of the district is not economically feasible, fair, or reasonable; or (2) the district fails to file a plan for the operation of the district within the time prescribed by the department; the department may declare the district dissolved and enter an order for the distribution of all assets owned by the district after the payment of liabilities. [Pre-1996 Recodification Citation: 13-3-2-5(g) part.] IC 13-26-7 Chapter 7. Payment of District Expenses 13-26-7-1 Records 13-26-7-2 Advancement of money 13-26-7-3 Repayment of money 13-26-7-4 Dissolution of district; interest in assets; limitations 13-26-7-5 Service areas; loans
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