40-1811. DISPOSITION OF SURPLUS FUNDS AND PROPERTY OF DISSOLVED SYSTEM OR DISTRICT. (1) After final payment of all expenses of proceedings in relation to dissolution and of all legal claims, liabilities, bonded and other indebtedness of the dissolved highway district, and after liquidation and winding up of the affairs of the district, all surplus moneys of the dissolved highway district remaining in the special fund of the dissolved district shall immediately be delivered to the treasurer of the succeeding operational unit. Title to all machinery, buildings, lands, and property of every kind and nature belonging to the dissolved system or district shall immediately upon entry of the order of dissolution, and without further conveyance, be vested in the succeeding operational unit.
(2) No city whose incorporated limits lie wholly or partially within the boundaries of a dissolved highway district shall be entitled to receive any share of the moneys of the dissolved highway district.
History:
[40-1811, added 1985, ch. 253, sec. 2, p. 680.]
Structure Idaho Code
Title 40 - HIGHWAYS AND BRIDGES
Chapter 18 - DISSOLUTION OF HIGHWAY DISTRICTS
Section 40-1801 - DISTRICTS SUBJECT TO DISSOLUTION.
Section 40-1802 - PETITION FOR DISSOLUTION — CONTENTS.
Section 40-1803 - ORDER FOR HEARING UPON PETITION.
Section 40-1804 - NOTICE OF PETITION AND HEARING.
Section 40-1805 - HEARING — ORDER FOR ELECTION.
Section 40-1806 - ELECTION OFFICERS — NOTICE OF ELECTION.
Section 40-1807 - QUALIFICATIONS OF VOTERS.
Section 40-1808 - CONDUCT OF ELECTIONS.
Section 40-1809 - COUNTING VOTES — CANVASS — ORDER OF DISSOLUTION.
Section 40-1810 - EXPENSES OF DISSOLUTION — HOW BORNE AND PAID.
Section 40-1811 - DISPOSITION OF SURPLUS FUNDS AND PROPERTY OF DISSOLVED SYSTEM OR DISTRICT.
Section 40-1812 - PROVISION FOR PAYMENT OF CURRENT CLAIMS.
Section 40-1813 - DISSOLUTION OF DISTRICT SITUATED IN TWO OR MORE COUNTIES.
Section 40-1815 - JURISDICTION OF PROPERTY OF DISSOLVED DISTRICT SITUATED IN TWO OR MORE COUNTIES.
Section 40-1816 - CONTROL OF BRIDGES AND HIGHWAYS OF DISSOLVED DISTRICT.
Section 40-1817 - LIMITATION ON NEW PROCEEDINGS FOR DISSOLUTION.
Section 40-1818 - VALIDITY OF OUTSTANDING OBLIGATIONS.
Section 40-1820 - CONTINUANCE IN SERVICE OF EMPLOYEES OF DISSOLVED SYSTEM OR DISTRICT.
Section 40-1821 - NO DISTRICT DISSOLVED UNTIL SUCCEEDING OPERATIONAL UNIT IN EXISTENCE.