California Streets and Highways Code 19280.5 – A district organized under this part may be dissolved by a resolution …
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A district organized under this part may be dissolved by a resolution of the board of supervisors, after a public hearing, where a community services district has been established, or a city has been formed, to provide service to all or part of the territory of the district and the community services district or the city, as the case may be, has elected to assume all the assets and liabilities of the dissolved district.
(Added by Stats. 1984, Ch. 166, Sec. 2.)
Terms Used In California Streets and Highways Code 19280.5
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- City: includes "city and county" and "incorporated town. See California Streets and Highways Code 15
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.