Whenever the board of directors of a joint agency and the governing body of each of its members shall by resolution or ordinance determine that the purposes for which the joint agency was formed have been substantially fulfilled and that all bonds issued and all other obligations incurred by the joint agency have been fully paid or satisfied, such board of directors and members may declare the joint agency to be dissolved. On the effective date of such resolution or ordinance the title to all funds and other property owned by the joint agency at the time of such dissolution shall be disbursed to the members of the joint agency according to its bylaws.
HISTORY: 1980 Act No. 491, Section 9.
Structure South Carolina Code of Laws
Chapter 16 - Solid Waste Disposal Resource Recovery Facilities Act
Section 6-16-30. Powers of joint agency; action by single governing body.
Section 6-16-40. Creation of joint agency; findings prerequisite to creation; notice.
Section 6-16-60. Board of directors; voting; election of chairman and other officers; quorum.
Section 6-16-70. Admission of new members to agency; withdrawal; notice of membership change.
Section 6-16-80. Dissolution of agency.
Section 6-16-90. Executive committee.
Section 6-16-100. Rights and powers of joint agency.
Section 6-16-110. Agency may incur debt and issue bonds.
Section 6-16-120. Approval of governing bodies required for projects financed by bonds.
Section 6-16-140. Annual report.
Section 6-16-150. Board may enter contracts and accept grants and loans.
Section 6-16-160. Eminent domain.
Section 6-16-170. Enumerated powers deemed supplemental to existing laws.