48-3716. Dissolution of district
A. When all indebtedness and legal obligations of every nature whatever have been
fully satisfied and paid, a district organized under this chapter may, after approval of
such dissolution by the attorney general and the secretary, be dissolved by resolution of
its board. A certified copy of the resolution shall, within fifteen days after its
adoption, be filed with the clerk of the board of supervisors of each county in the
district.
B. If, after dissolution of a district, it is found that there remains unpaid a
legal indebtedness of the district, the board of supervisors of each county in which the
district was located shall continue annually to levy a tax, as provided by this chapter,
upon the property within each such county sufficient to meet the indebtedness and
interest thereon.
C. If a district, after dissolution, has any assets, such assets shall be
distributed and paid into the general fund of the counties within the district at the
time of dissolution based on each county's assessed valuation.
|