Indiana § 36-10-10-26 - Liquidation; procedure
Full text of Indiana Indiana Code § 36-10-10-26 — Liquidation; procedure, with citation guidance and answers to common questions.
§ 36-10-10-26. Liquidation; procedure
Sec. 26. An authority may be liquidated after redemption of all of its securities, payment of all of its debts, and termination of all of its leases if the board files a report with the judge of the circuit court, superior court, or probate court showing those facts and stating that liquidation would be in the best public interest. If the court finds those facts to be true, it shall make an order book entry ordering the authority liquidated.
As added by Acts 1982, P.L.218, SEC.4. Amended by P.L.84-2016, SEC.198.
Frequently Asked Questions About Indiana § 36-10-10-26
What does Indiana Code § 36-10-10-26 cover?
Section 36-10-10-26 ("Liquidation; procedure") is part of the Indiana Code, the codified statutory law of Indiana. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Indiana § 36-10-10-26?
A common citation format is "Indiana Code § 36-10-10-26" (Indiana). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Indiana law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Indiana official source linked on this page or consult a licensed Indiana attorney.
How does Indiana § 36-10-10-26 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Indiana can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Indiana.