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Current as of January 02, 2024 | Updated by Findlaw Staff
Sec. 1.1. (a) An automated transit district may be dissolved by an ordinance adopted by the legislative body on a date that is at least three (3) years later than the date the ordinance was adopted.
(b) An automated transit district may dissolve itself by resolution on a date that is at least two (2) years later than the date of adoption of the resolution creating the district.
(c) A dissolution of a district under this section requires the city to assume the obligations incurred by the district.
Cite this article: FindLaw.com - Indiana Code Title 8. Utilities and Transportation § 8-9.5-7-1.1 - last updated January 02, 2024 | https://codes.findlaw.com/in/title-8-utilities-and-transportation/in-code-sect-8-9-5-7-1-1/
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