Appointment of receiver of water facilities
Ind. Code § 14-33-20-31
in effectSec. 31. Upon an application the circuit court, superior court, or probate court:
(1) may appoint; and
(2) shall appoint, if the application is made by the holders or a trustee of the holders of twenty-five percent (25%) in principal amount of the bonds, notes, or other evidences of indebtedness then outstanding;
a receiver of the water facilities.
[Pre-1995 Recodification Citation: 13-3-4-13(a) part.]
As added by P.L.1-1995, SEC.26. Amended by P.L.84-2016, SEC.83.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/14Fetched: 10/17/2026
