Sec. 8. On the date a merger takes effect: (1) the former township governments are abolished as separate entities; (2) each township subject to the merger retains its geographical boundaries and its name; (3) the territory of the new township government includes all the territory that comprised the territories of the former township governments before the merger; (4) the agencies of the former township governments are abolished; (5) the functions of the abolished agencies are assigned to agencies of the new township government; (6) the: (A) property; (B) records; (C) personnel; (D) rights; and (E) liabilities; related to the functions of the abolished agencies are assigned to agencies of the new township government; and (7) any bonds and other indebtedness of, or assumed by, the former township governments are transferred to the new township government.
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