§ 43.350.060. Dissolving the authority
The authority may petition the legislature to be dissolved upon a showing that it has no reason to exist and that any assets it retains must be distributed to one or more similar entities approved by the legislature. The legislature reserves the right to dissolve the authority after its contractual obligations to its funders and grant recipients have expired.
[2005 c 424 § 7.]
Sections: Previous 43.350.005 43.350.010 43.350.020 43.350.030 43.350.040 43.350.050 43.350.060 43.350.070 43.350.900 43.350.901 43.350.902 43.350.903 NextLast modified: April 7, 2009