Utah Code 17D-3-204. Commission action if conservation districts are consolidated, divided, or dissolved
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(1) If two or more conservation districts are consolidated, the commission shall merge the assets and liabilities of the conservation districts that have been consolidated into the conservation district resulting from the consolidation.
Terms Used In Utah Code 17D-3-204
- Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
- Commission: means the Conservation Commission, created in Section 4-18-104. See Utah Code 17D-3-102
- Conservation district: means a limited purpose local government entity, as described in Section 17D-3-103, that operates under, is subject to, and has the powers set forth in this chapter. See Utah Code 17D-3-102
- Liabilities: The aggregate of all debts and other legal obligations of a particular person or legal entity.
(2) If a conservation district is divided, the commission shall equitably divide the assets and liabilities of the divided conservation district between the conservation districts resulting from the division.
(3) If a conservation district is dissolved, the commission shall wind up the affairs of the dissolved conservation district.