Liquidation of authority

Ind. Code § 16-22-6-36, under Chapter 6. County Hospital Building Authorities.

Ind. Code § 16-22-6-36

Sec. 36. An authority may be liquidated after the authority's securities are redeemed, debts are paid, and leases are terminated if the board of directors files a report with the circuit court, superior court, or probate court showing the facts and stating that the liquidation is in the best public interest. The court shall find the facts and make an order book entry ordering the authority liquidated. [Pre-1993 Recodification Citation: 16-12-20-24.] As added by P.L.2-1993, SEC.5. Amended by P.L.84-2016, SEC.86.

IC 16-22-6-37 Building additions; funding Sec. 37. (a) A county or the governing board of the hospital may remodel or construct an addition to a hospital building leased under this chapter. (b) To provide funds for that purpose, the county may issue general obligation bonds or appropriate money from the county's general fund or other funds available for that purpose if the hospital building is owned by the county. The governing board of a hospital may use funds available to the board if the hospital building is owned by the county. [Pre-1993 Recodification Citation: 16-12-20-25.] As added by P.L.2-1993, SEC.5. Amended by P.L.252-2015, SEC.24.