TITLE 7. LOCAL GOVERNMENT

CHAPTER 14. TRANSPORTATION

Part 2. Urban Transportation Districts

Distribution Of District Assets After Dissolution

7-14-246. Distribution of district assets after dissolution. Any assets of the district remaining after all debts and obligations of the district have been paid, discharged, or irrevocably settled shall be evenly divided between the county and any cities within or partially within the dissolved district.

History: En. 11-4512 by Sec. 12, Ch. 355, L. 1975; R.C.M. 1947, 11-4512(part).