Indiana § 8-18-21-19 - Dissolution of authority

Full text of Indiana Indiana Code § 8-18-21-19 — Dissolution of authority, with citation guidance and answers to common questions.

§ 8-18-21-19. Dissolution of authority

Sec. 19. (a) The county fiscal body and the municipal fiscal body of the county seat may by concurrent resolution dissolve a toll road authority. They may consider dissolving the toll road authority at any time, but they shall consider dissolving the toll road authority when they are presented with a petition signed by twenty percent (20%) of the registered voters residing in the county or thirty-five percent (35%) of the registered voters residing in the county seat.

(b) The concurrent resolution must provide a plan for paying any obligations, including bonds, of the toll road authority and for the disposition of the funds and property of the toll road authority.

As added by P.L.386-1987(ss), SEC.21.

IC 8-18-22Chapter 22. County Road and Bridge Bonding

8-18-22-1Applicability of chapter 8-18-22-2"Bonds" defined 8-18-22-3Bond issues; purposes; notice and hearing; multiple projects funded by single issue 8-18-22-4Ordinance authorizing bonds; method of sale; price 8-18-22-5Optional provisions of ordinance 8-18-22-6Pledge of revenues; covenants not to impair pledged taxes 8-18-22-6Pledge of revenues; covenants not to impair pledged taxes 8-18-22-7Trust indentures 8-18-22-8Execution and attestation of bonds 8-18-22-9Use of bond proceeds 8-18-22-10Bonds as negotiable instruments; registration 8-18-22-11Tax exemption 8-18-22-12Exemption from securities registration laws 8-18-22-13State covenant not to impair bondholder rights and remedies 8-18-22-14Certain statutory provisions inapplicable

Source: official Indiana text · Last verified 2026-08-27

Frequently Asked Questions About Indiana § 8-18-21-19

What does Indiana Code § 8-18-21-19 cover?

Section 8-18-21-19 ("Dissolution of authority") 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 § 8-18-21-19?

A common citation format is "Indiana Code § 8-18-21-19" (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 § 8-18-21-19 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.