Indiana Code § 13-26-7-4

Dissolution of district; interest in assets; limitations
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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.]

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