35-808. Dissolution of corporation
Whenever the board of directors of the corporation shall determine that the purpose for which the corporation was formed has been substantially accomplished and that all issued bonds and other obligations of the corporation have been fully paid, the members of the board of directors of the corporation shall thereupon dissolve the corporation in accordance with the provisions of title 10, and any properties of the corporation shall be distributed and vest in the municipality or county.
Section: Previous 35-801 35-802 35-803 35-804 35-805 35-806 35-807 35-808 35-809 35-810 35-821 35-822 35-823 35-831 35-832 NextLast modified: October 13, 2016