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30-A §6111. Complaint; notice

§6111. Complaint; notice 1.  Commissioners may file complaint.  If the commissioner or commissioners who are in charge of the affairs of any municipality under this chapter believe that the municipality has incurred, prior to the date on which the board took over the administration of the municipality’s affairs, debts and obligations in excess of the […]

30-A §6112. Voluntary compromise settlements

§6112. Voluntary compromise settlements 1.  Settlement offers authorized.  The board, when it considers it advisable to do so for the purpose of reestablishing upon a sound financial basis any municipality under its control, may at any time in behalf of the municipality offer compromise settlements to any of its creditors upon:   A. Claims, demands […]

30-A §6113. Reporting

§6113. Reporting Notwithstanding the provisions of Title 5, section 12005‑A, the board is not required to file an annual report with the Secretary of State unless the board meets and exercises any of its powers and duties during a calendar year. In any calendar year in which the board meets and exercises any of its […]