Assessments

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Sec. 1. (a) If a nonprofit drainage corporation organized under Acts 1913, c.165 and reorganized under:

(1) IC 23-7-1 (before its repeal on September 2, 1971);

(2) IC 23-7-1.1 (before its repeal on August 1, 1991); or

(3) IC 23-17;

determines that repairs to a project constructed under a statute specified in this subsection are necessary, the board of directors may assess the land originally assessed for an amount not more than twenty-five percent (25%) of the original cost of construction.

(b) The schedule of assessments for repairs shall be posted in the offices of the corporation and printed in a newspaper of general circulation in the county.

[Pre-1995 Recodification Citation: 13-2-30-1 part.]

As added by P.L.1-1995, SEC.20.


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