§ 87.53.150. State's consent to dissolution
Whenever any bonds of the district are held in the state reclamation revolving account, and, in the opinion of the director of ecology, the district is or will be unable to meet its obligations, and that the state's investment can be best preserved by the dissolution of the district the director may give his consent to dissolution under such stipulations and adjustments of the indebtedness as he deems best for the state.
[1988 c 127 § 62; 1951 c 237 § 15.]
Sections: Previous 87.53.020 87.53.030 87.53.040 87.53.050 87.53.060 87.53.070 87.53.080 87.53.090 87.53.100 87.53.110 87.53.120 87.53.130 87.53.140 87.53.150 87.53.200 NextLast modified: April 7, 2009