36-7-11.3-41. Abrogation of covenant or agreement

IN Code § 36-7-11.3-41 (2019) (N/A)
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Sec. 41. (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 an agreement is considered abrogated upon dissolution of the commission under section 61 of this chapter.

[Pre-1995 Title 14 Recodification Citation: 14-3-3.2-10(f).]

As added by P.L.1-1995, SEC.84.