Sec. 9. Territory annexed to a township may not be taxed for payment of township indebtedness existing at the time of the annexation.
Ind. Code § 36-6-1-9
Annexed territory; liability for existing indebtedness
As added by Acts 1980, P.L.212, SEC.5.
Official source: Indiana General Assembly. Reproduced from public-domain Indiana statutes; confirm against the official source for the current text. Not legal advice.