160A-671. Termination of district.
The Board of Trustees, after providing for the continued availability of natural gas service to its customers, if any, may terminate the existence of the district at any time when it has no outstanding indebtedness. The Board of Trustees shall file notification of the termination with the Secretary of State. (1997-426, s. 2.)
Structure North Carolina General Statutes
North Carolina General Statutes
Chapter 160A - Cities and Towns
Article 28 - Regional Natural Gas District.
§ 160A-661 - Purpose; definitions.
§ 160A-662 - Territorial jurisdiction and service area of district.
§ 160A-663 - Creation of district.
§ 160A-664 - Membership; officers; compensation.
§ 160A-666 - Advisory committees.
§ 160A-667 - General powers of the district.
§ 160A-668 - Fiscal accountability.
§ 160A-670 - Effect on existing franchises and operations.
§ 160A-671 - Termination of district.
§ 160A-672 - Joinder of county or city.
§ 160A-673 - Bonds and notes authorized.