RCW 87.53.150
State's consent to dissolution.
Whenever any bonds of the district are held in the state reclamation revolving account, and, in the opinion of the director of ecology, the district is or will be unable to meet its obligations, and that the state's investment can be best preserved by the dissolution of the district the director may give his or her consent to dissolution under such stipulations and adjustments of the indebtedness as he or she deems best for the state.
[ 2013 c 23 § 522; 1988 c 127 § 62; 1951 c 237 § 15.]
Structure Revised Code of Washington
Chapter 87.53 - Dissolution of Districts With Bonds.
87.53.001 - Actions subject to review by boundary review board.
87.53.010 - Dissolution authorized—Consent of bondholders recorded.
87.53.020 - Bondholders' consent necessary—Offer to buy district property.
87.53.030 - Petition for dissolution.
87.53.040 - Election to be called.
87.53.050 - Manner of calling, noticing, conducting election—Ballot—Qualification of electors.
87.53.060 - Election returns, effect—Records to auditor.
87.53.070 - Transcript of proceedings—Financial statement.
87.53.080 - Proceedings docketed in court—Notice to file claims—Claims barred, when.
87.53.090 - Determination of claims—Court order—Appeal.
87.53.100 - Trustee—Appointment—Compensation—Bond.
87.53.110 - Sale of district assets.
87.53.120 - Report of sale—Rights of purchasers.
87.53.130 - Order of dissolution—Effect.