Indiana bill would allow cities to declare bankruptcy
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Indiana bill would allow cities to declare bankruptcy

Indianapolis : IN : USA | Dec 27, 2010 at 8:59 AM PST
Source: Pallladium Item
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A plan for allowing local governments in Indiana to ask for a state takeover and declare bankruptcy has the backing of Gov. Mitch Daniels. The governor says he hopes few local governments would bankruptcy, but the state needs to have the law clarified and available if needed. FULL ARTICLE AT Pallladium Item
 
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  • Bill would allow Indiana cities to declare bankruptcy

    The Courier-Journal
    A plan backed by Gov. Mitch Daniels would allow local governments in Indiana to ask for a state takeover and declare bankruptcy if necessary. Daniels says he hopes there won't be many local governments that seek bankruptcy, but says the state needs...

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