Indiana Code 36-6-1.5-8. Merger effective date; former township governments abolished; property, functions, and indebtedness transferred
(1) the former township governments are abolished as separate entities;
Terms Used In Indiana Code 36-6-1.5-8
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
- new township government: means the township government that results from the merger of at least two (2) township governments under this chapter. See Indiana Code 36-6-1.5-3
- Property: includes personal and real property. See Indiana Code 1-1-4-5
(3) the territory of the new township government includes all the territory that comprised the territories of the former township governments before the merger;
(4) the agencies of the former township governments are abolished;
(5) the functions of the abolished agencies are assigned to agencies of the new township government;
(6) the:
(A) property;
(B) records;
(C) personnel;
(D) rights; and
(E) liabilities;
related to the functions of the abolished agencies are assigned to agencies of the new township government; and
(7) any bonds and other indebtedness of, or assumed by, the former township governments are transferred to the new township government.
As added by P.L.240-2005, SEC.3.