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(a) At any time after five (5) years after the organization of a district under the provisions of this chapter, any twenty-five (25) owners of land lying within the boundaries of the district may file a petition with the Arkansas Soil and Water Conservation Commission praying that the operations of the district be terminated and the existence of the district discontinued.
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(b) The commission may conduct the public meetings and public hearings upon the petition as may be necessary to assist it in the consideration thereof.
