§ 405-58. Dissolution of District
The District may be dissolved upon approval of a majority plus one of its then existing member municipalities. A majority of the voters at a duly warned annual or special meeting in at least a majority plus one of the member municipalities, must approve the dissolution and a plan of dissolution which shall include provisions for the payment of all District obligations, a disposal of District assets and the means of apportioning continuing liabilities among the member municipalities. The dissolution plan, prior to submission of the voters, must be submitted to the Attorney General to determine whether the plan is in proper form and compatible with the laws of the State. In the event the Attorney General fails to notify the District of his or her determination within 30 days after receipt of a copy of the dissolution plan, it shall be deemed to have been approved.
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal insurance products you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with access to legal services through a network of provider law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our provider law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your provider law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal insurance products, and access to the LegalFix network of provider law firms are subject to the LegalFix Terms of Service and Privacy Policy.
