145A.13  Political status.
  A merged area as a public corporation formed under this chapter may exercise the powers granted under this chapter, and may sue and be sued, purchase and sell property, incur indebtedness in accordance with constitutional limitations, and exercise all the powers granted by law and other powers incident to public corporations of like character and not inconsistent with the laws of this state.
[C71, 73, 75, 77, 79, 81, §145A.13]
85 Acts, ch 123, §6