Sec. 4. A district shall establish a cumulative maintenance fund in the year following commencement of construction or assumption or maintenance of the channel improvements, levees, and water retarding or impoundment structures so that the works of improvement are adequately maintained.
Ind. Code § 14-33-14-4
Establishment of fund
Applied in 1 court decision — leading case Board of Commissioners of Clark County v. Indiana Department of Local Government Finance (2015)
Most recently applied in Board of Commissioners of Clark County v. Indiana Department of Local Government Finance (April 2015)
As added by P.L.1-1995, SEC.26.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.