§ 87.56.230. Final report of receiver -- Apportionment of excess assets -- Decree of dissolution
When all district indebtedness has been discharged as in this chapter provided, and all expenses of the dissolution proceedings have been paid, the receiver shall report such fact to the court with a full account of all assets and moneys received and disbursed. The court shall examine said report and if found satisfactory shall approve the same; shall order any funds remaining after the payment of all indebtedness apportioned to the several owners of land within the district in accordance with the ratio of the last assessment roll of the district, and shall enter a decree dissolving and annulling the district, which shall thereafter cease to exist as a corporate entity.
[1925 ex.s. c 124 § 30; RRS § 7543-30.]
Sections: Previous 87.56.100 87.56.160 87.56.170 87.56.180 87.56.190 87.56.200 87.56.203 87.56.205 87.56.210 87.56.225 87.56.230 87.56.240 87.56.260 87.56.900 87.56.910 NextLast modified: April 7, 2009