19-2719. Same; disorganization of taxing district; disposition of fund.
19-2719
19-2719. Same; disorganization of taxing district; disposition of
fund.
At any time after such taxing district shall have been formed as herein
provided if the owners of two-thirds or more of the real property located
within such taxing districts, shall present to the board of county
commissioners of the county a petition asking that such taxing districts be
disorganized as such, the board of county commissioners shall investigate
such petition, and ascertain whether the same is signed by the owners of
two-thirds or more of the real estate within such district, and if the said
board shall find that said petition complies in all respects with the
provisions of this section, the said board of county commissioners shall
enter an order upon their records declaring such taxing district
disorganized, and thereafter no further taxes shall be levied or collected
within such district under the provisions of this act, unless the said
district shall be later formed into a taxing district as herein provided.
Any funds which may remain in the hands of the township treasurer or
county treasurer and which have been raised by taxation under the
provisions of this act at the time of the disorganization of any such
taxing district, shall become a part of the general fund of the township
within which such taxing district is located.
History: L. 1927, ch. 170, § 4; June 1.