Abolition of Township or Alteration of Boundaries; Taxing District for Payment of Existing Indebtedness

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Sec. 7. After abolition of a township or alteration of a township's boundaries, the former territory of the township comprises a taxing district for the payment of township indebtedness existing at the time of the abolition or alteration.

[Pre-Local Government Recodification Citation: 17-4-5-1.]

As added by Acts 1980, P.L.212, SEC.5.


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