CHAPTER 7. PAYMENT OF DISTRICT EXPENSES

IC 13-26-7
    Chapter 7. Payment of District Expenses

IC 13-26-7-1
Records
    Sec. 1. Each district must keep proper records showing thedistrict's finances.
As added by P.L.1-1996, SEC.16.

IC 13-26-7-2
Advancement of money
    Sec. 2. A local, state, or federal agency or person may advance orgive a district money to be used by the district for the followingpurposes:
        (1) The preparation of a plan for the operation of the district.
        (2) Other purposes of the district until the district is in receiptof revenue from its operations or proceeds from the sale ofbonds.
As added by P.L.1-1996, SEC.16.

IC 13-26-7-3
Repayment of money
    Sec. 3. When a district receives revenue for its operations orproceeds from the sale of bonds, the district shall repay any moneyadvanced to the advancing agency in the manner agreed.
As added by P.L.1-1996, SEC.16.

IC 13-26-7-4
Dissolution of district; interest in assets; limitations
    Sec. 4. If the commissioner orders a district dissolved as permittedin IC 13-26-6-4, the interest an entity has in the assets of the districtis limited to those assets remaining after the payment of all otherliabilities of the district.
As added by P.L.1-1996, SEC.16.