Sec. 47. (a) A covenant or an agreement made under this chapter may be abrogated by six (6) affirmative votes of the commission upon petition and after notice to all interested parties and a public hearing if the commission determines that the covenant or agreement no longer accomplishes in a substantial manner any of the purposes of this chapter.
(b) A covenant or agreement is considered abrogated upon dissolution of the commission under section 66 of this chapter.
[Pre-1995 Title 14 Recodification Citation: 14-3-3.2-10(f).]
As added by P.L.1-1995, SEC.83.