After the period of publication, but not less than thirty days thereafter, the court, upon five days’ notice to any person who has filed objections to the application, or without further notice if no objections have been filed, shall hear and determine the application. If the court finds the city should be dissolved, it shall dissolve the same upon such terms or conditions as justice may require, vacate the boundaries, order the sale of assets and the payment of debts, and order any surplus paid into the general fund of the county treasury.

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Terms Used In North Dakota Code 40-53.1-13

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • Person: means an individual, organization, government, political subdivision, or government agency or instrumentality. See North Dakota Code 1-01-49