235.260. Dissolution of district, when--procedure.
Dissolution of district, when--procedure.
235.260. 1. If the commission shall find that it is to thebest interest of the inhabitants of said district * that suchdistrict be dissolved, it shall make an order reciting the sameand providing for the submission of the question to dissolve suchdistrict to a vote of the voters of the district. The questionshall be submitted only at the time of the general election atwhich a board member is elected. Returns of the submission ofthe question certified to the commission.
2. If the commission finds that a majority of the votersvoting thereon shall have voted in favor of the question todissolve said district, the commission shall make a final orderdissolving said district, and the order shall contain a provisothat said district shall continue in full force for the purposeof paying all outstanding and lawful obligations and disposing ofproperty of the district; but no additional costs or obligationsshall be created except such as are necessary to pay such costs,obligations and liabilities theretofore incurred or necessary tothe winding up of the district.
3. If the commission shall find that a majority of thevoters of the district voting thereon shall not have votedfavorably on the question to dissolve such district, then thecommission shall make a final order declaring such resultdismissing the petition praying for the dissolution of saiddistrict; and the district shall continue to operate in the samemanner as though said petition asking for such dissolution hadnot been filed.
(L. 1947 V. I p. 452 § 26, A.L. 1978 H.B. 971)*Word "and" appears here in original rolls.