Section 44-7-2156. Absence of outstanding obligations as prerequisite for dissolution.

SC Code § 44-7-2156 (2019) (N/A)
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At any time when the district does not have any securities outstanding and when there are no other obligations assumed by the district that are then outstanding, the district may be dissolved in accordance with its articles of incorporation.

HISTORY: 1984 Act No. 512, Part II, Section 35D.