US Lawyer Database

Section 801 – Dissolution of authority — Restrictions — Filing copy of ordinance — Authority records — Dissolution expenses.

Effective 7/1/2021 63H-1-801. Dissolution of authority — Restrictions — Filing copy of ordinance — Authority records — Dissolution expenses. (1) The authority may not be dissolved unless the authority has no outstanding bonded indebtedness, other unpaid loans, indebtedness, or advances, and no legally binding contractual obligations with persons or entities other than the state. (2) […]