Sec. 2. If:
(1) the board fails to produce within two (2) years satisfactory evidence of progress in the preparation of the district plan; or
(2) federal or state money, or both, contemplated in the petition for the establishment of the district appears to be unavailable;
it is prima facie evidence that the district should be dissolved.
[Pre-1995 Recodification Citation: 13-3-3-97(b).]
As added by P.L.1-1995, SEC.26.