Liability for unpaid transfers after withdrawal

Ind. Code § 36-7.6-2-6
in effect
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Sec. 6. A county or municipality that withdraws from a development authority under section 5 of this chapter is liable to the development authority for any unpaid transfers under: (1) IC 36-7.6-4-2; or (2) an agreement between the members of the development authority and the development board; that become due before the withdrawal of the county or municipality from the development authority is effective. As added by P.L.232-2007, SEC.7. Amended by P.L.178-2015, SEC.13.
Source: Open US Law by Vaquill AI (CC BY 4.0)URL: https://iga.in.gov/laws/2026/ic/titles/36Fetched: 10/17/2026

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