Section 36-6-1.5-1.5 - Use of excess funds; indebtedness; assistance by department of local government finance(a) All of the following apply to a township that merges with another township under this chapter:(1) Notwithstanding any other law, the new township government may use any funds in excess of what the new township government determines is necessary to deliver effective service to pay the indebtedness of the new township government, including bonds and other indebtedness transferred to the new township government under section 8 of this chapter.(2) Notwithstanding any other law, after the indebtedness described in subdivision (1) is satisfied, the new township government may do the following with any remaining excess funds:(A) Transfer the funds to: (i) the county in which the new township government is located; or(ii) a municipality that has jurisdiction; to make improvements to infrastructure located within the area of the new township government.
(B) Transfer the funds to a transportation corporation that offers service within the area of the new township government to pay for, or make improvements to, services within the area of the new township government.(C) Use the funds for improvement of fire protection services within the area of the new township government.(D) Transfer the funds to a political subdivision that has jurisdiction within the new township government for improvement of any fire department that provides service within the area of the new township government.(b) Notwithstanding any other law, the department of local government finance shall take any and all appropriate action to assist townships in merging under this chapter and may not in any manner delay a merger of townships or prevent a merger of townships.(c) This section shall be liberally construed to effect the purposes of this section.(d) Notwithstanding any other law, to the extent the provisions of this chapter are inconsistent with the provisions of any other law, the provisions of this chapter are controlling, and compliance with this chapter shall be treated as compliance with the conflicting law.Added by P.L. 255-2013, SEC. 11, eff. 7/1/2013.