Kentucky Statutes 65.172 – Dissolution on majority vote — When dissolution opposed, restriction on further attempt
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(1) If a majority of those voting in the referendum as provided in KRS § 65.170 favor the dissolution of the district, the district shall, upon satisfaction of its legal obligations, be dissolved by order of the fiscal court, any special ad valorem tax imposed by the district shall be removed from the tax rolls by the county clerk and any assets of the district shall be assumed by the county.
(2) If a majority of those voting in the referendum oppose the dissolution of the district, no attempt to dissolve the district pursuant to KRS § 65.170 shall be made within five (5) years of the election.
Effective: July 15, 1980
History: Created 1980 Ky. Acts ch. 369, sec. 5, effective July 15, 1980.
(2) If a majority of those voting in the referendum oppose the dissolution of the district, no attempt to dissolve the district pursuant to KRS § 65.170 shall be made within five (5) years of the election.
Terms Used In Kentucky Statutes 65.172
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
Effective: July 15, 1980
History: Created 1980 Ky. Acts ch. 369, sec. 5, effective July 15, 1980.