19-2719.   Same; disorganization of taxing district; disposition offund.At any time after such taxing district shall have been formed as hereinprovided if the owners of two-thirds or more of the real property locatedwithin such taxing districts, shall present to the board of countycommissioners of the county a petition asking that such taxing districts bedisorganized as such, the board of county commissioners shall investigatesuch petition, and ascertain whether the same is signed by the owners oftwo-thirds or more of the real estate within such district, and if the saidboard shall find that said petition complies in all respects with theprovisions of this section, the said board of county commissioners shallenter an order upon their records declaring such taxing districtdisorganized, and thereafter no further taxes shall be levied or collectedwithin such district under the provisions of this act, unless the saiddistrict shall be later formed into a taxing district as herein provided.

      Any funds which may remain in the hands of the township treasurer orcounty treasurer and which have been raised by taxation under theprovisions of this act at the time of the disorganization of any suchtaxing district, shall become a part of the general fund of the townshipwithin which such taxing district is located.

      History:   L. 1927, ch. 170, § 4; June 1.