Ind. Code § 36-9-24-2

"Sewage disposal facilities" defined

As used in this chapter, "sewage disposal facilities" means all or part of the facilities of a sewage disposal company furnishing service within the corporate boundaries of a municipality, or within one (1) mile outside those boundaries, including:

  1. (1) certificates of territorial authority;
  2. (2) indeterminate permits;
  3. (3) franchises;
  4. (4) rights-of-way; and
  5. (5) easements;

    but does not include the company's corporate stock, going-concern value, or good will.

    [Pre-Local Government Recodification Citation: 19-2-5.5-1 part.]

    As added by Acts 1981, P.L.309, SEC.97.

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