IC 6-1.1-39-5.7: Limitation on renewal or extension of existing allocation area; required conditions

Sec. 5.7. Notwithstanding any other law, if the Indiana economic development corporation subsequently designates territory that is located in an existing allocation area under this chapter as an innovation development district under IC 36-7-32.5, the allocation area may not be renewed or extended under this chapter until the term of the innovation development district expires.